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Jack Dorsey is funding an Universal Basic Income experiment.
Posted on 7/9/20 at 5:44 pm
Posted on 7/9/20 at 5:44 pm
LINK
quote:
Dorsey, who has built up a net worth of $7.5 billion, will sink $3 million from his nonprofit into the program, according to the announcement. The UBI program comes shortly after Dorsey's widely publicized pledge to donate $1 billion to coronavirus relief efforts.
Posted on 7/9/20 at 5:44 pm to 7thWardTo314
Check in with Finland and see how it went.
Posted on 7/9/20 at 5:47 pm to 7thWardTo314
Surely this time free handouts will encourage people to work hard, be industrious, and contribute to the American workforce in a meaningful way.
Posted on 7/9/20 at 5:47 pm to 7thWardTo314
As long as it’s privately funded and voluntary, knock yourself out.
But we all know that’s not the goal.
Posted on 7/9/20 at 5:53 pm to 7thWardTo314
quote:
will sink $3 million from his nonprofit into the program, according to the announcement
Doesn't sound very universal...
Posted on 7/9/20 at 5:58 pm to 7thWardTo314
So when does he pull the rug out from under the recipients?
Posted on 7/9/20 at 5:58 pm to 7thWardTo314
So capitalist billionaire is experimenting with socialism. Let’s see how that works out for him.
Posted on 7/9/20 at 6:01 pm to 7thWardTo314
Isn’t that called “charity” if someone donates money to a cause? I have no problem if people want to donate but don’t mandate tax increases to fund it.
This post was edited on 7/9/20 at 6:04 pm
Posted on 7/9/20 at 6:01 pm to 7thWardTo314
Universal basic income with 3 million. I can already tell Dorsey it’s failed out of the gate because your experiment won’t be universal at all.
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