Baltimore Residents To Get $1,000 Checks In UBI Pilot Test

Source: https://www.zerohedge.com/markets/baltimore-residents-get-1000-checks-ubi-pilot-test
Published: Apr 22, 2022
Author: Tyler Durden
Post Date: 2022-04-22 21:23:44 by Horse
Views: 284

Yay, more free money...

Poster Comment:

Lots of cheap housing in Baltimore. But cheap housing and $1,000 could not compensate you for the financial losses from the increased number of robberies and beatings.

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#1: Lod    To: Horse (#0)

Ask Rome how well this bullshit went for them.

Lod posted on 2022-04-22 21:57:35   Reply   Private Reply

#2: Pinguinite    To: Horse (#0)

"UBI is a candy-coated trap that breeds dependency in a population. Free money is an addictive drug, and America just had a big taste during the pandemic," Brandon Smith via Alt-Market recently opined.

This was already done with native American Indian populations, perhaps part of a reparations package of sorts for all the treaties the US gov broke with them. It had a tendency to turn the recipients into alcoholics.

I'm guessing a significant number of these recipients will be dead by the time the pilot test is over. A lot of them will be into drugs and alcoholism

They'd do much better at removing the economic mechanisms of wealth redistribution to the fractional 1%.

Pinguinite posted on 2022-04-23 00:32:24   Reply   Private Reply