I have an analogy.
A poor guy lives on a cliff. He is a careful man and watches his steps, being only human, he missteps and falls to his death.
A better off guy can afford a house further from the cliff, and can even to put up a fence. Just like the poor man, he makes missteps once in a while, but the cliff is far away, and continues to live.
In this wealthy country, there is no reason for anyone to have to live near a financial cliff where ordinary mistakes or bad luck will devastate you. It is not productive. It hurts economic growth and is, in my opinion, immoral.
A universal income would allow us all live a little further from the cliff, and not punish you for managing to build your home further away.
A better off guy can afford a house further from the cliff, and can even to put up a fence. Just like the poor man, he makes missteps once in a while, but the cliff is far away, and continues to live.
In this wealthy country, there is no reason for anyone to have to live near a financial cliff where ordinary mistakes or bad luck will devastate you. It is not productive. It hurts economic growth and is, in my opinion, immoral.
A universal income would allow us all live a little further from the cliff, and not punish you for managing to build your home further away.