Flutterby™! : UBI and COVID-19

Next unread comment / Catchup all unread comments User Account Info | Logout | XML/Pilot/etc versions | Long version (with comments) | Weblog archives | Site Map | | Browse Topics

UBI and COVID-19

2020-03-18 21:03:22.386491+00 by Dan Lyke 0 comments

So there's been lots of talk of a universal basic income as a way to recover the economy from this disaster. Thousand or two thousand dollar a month checks. There's been the usual "shouldn't only poor people get it?" which brings up all sorts of administrative overhead issues, so the obvious answer is send it to everybody and make income taxes a little more progressive.

Anyway, in one Facebook group someone asked "What's the least useful thing you can do with a $1,000 stimulus check from the government?"

And I went for the knee-jerk "hookers and booze", but then I thought about how money circulates, and where that money would have the highest velocity and thus the best chance of doing some good for the economy.

From the standpoint of doing the most good, sex workers and my corner convenience store are probably about the absolute *best* place I could blow that money.

[ related topics: Politics Erotic Sexual Culture moron Currency Economics Government ]

comments in ascending chronological order (reverse):

Add your own comment:

(If anyone ever actually uses Webmention/indie-action to post here, please email me)




Format with:

(You should probably use "Text" mode: URLs will be mostly recognized and linked, _underscore quoted_ text is looked up in a glossary, _underscore quoted_ (http://xyz.pdq) becomes a link, without the link in the parenthesis it becomes a <cite> tag. All <cite>ed text will point to the Flutterby knowledge base. Two enters (ie: a blank line) gets you a new paragraph, special treatment for paragraphs that are manually indented or start with "#" (as in "#include" or "#!/usr/bin/perl"), "/* " or ">" (as in a quoted message) or look like lists, or within a paragraph you can use a number of HTML tags:

p, img, br, hr, a, sub, sup, tt, i, b, h1, h2, h3, h4, h5, h6, cite, em, strong, code, samp, kbd, pre, blockquote, address, ol, dl, ul, dt, dd, li, dir, menu, table, tr, td, th

Comment policy

We will not edit your comments. However, we may delete your comments, or cause them to be hidden behind another link, if we feel they detract from the conversation. Commercial plugs are fine, if they are relevant to the conversation, and if you don't try to pretend to be a consumer. Annoying endorsements will be deleted if you're lucky, if you're not a whole bunch of people smarter and more articulate than you will ridicule you, and we will leave such ridicule in place.

Flutterby™ is a trademark claimed by

Dan Lyke
for the web publications at www.flutterby.com and www.flutterby.net.