I love UBI because it's a direct rebuke of trickle down economics Should be on every progressive agenda
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I support UBI also, but it’s not a direct rebuje of trickle down economics. Milton Friedman, the main articulator of trickle down, himself supported it. It’s something that ameliorates the effects of trickle down but it doesn’t rebuke it.

Jun 29, 2020 · 10:05 AM UTC

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Replying to @marwilliamson
UBI has progressive and libertarian models I'm sure Milton Friedman's model was the libertarian model designed to slash the social safety net An UBI funded through a progressive tax system with a living wage is a direct rebuke of the trickle down philosophy imo.
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laffer and friedman were two sides of the same coin.
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Milton Friedman supported a Negative Income Tax, which is an improvement but not full UBI. If all money that was created was 1st put into circulation via UBI, then it'd truly be a direct rebuke or opposite. That won't happen soon, because for one we'd 1st need public banks, and
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Milton Freezemen according to Biden lol.
Its true there is some trickle down effect in economies, but its so minute that it becomes a mistake to see it as the sole thing that can work. Politicians cherry picked the ideas that allowed them to continue enriching themselves and their lobbyists, ignoring their constituents
It can also be used as a way to pacify low standards of living. If people are already making a base amount the capitalists can argue that they dont have to pay as much for work. Or in yangs proposal it can also be funded by regressive taxes which validates trickle down
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As someone who's from a poor hood riddled with crime and violence. I care less about Milton Friedman and the "intellectual intricacies" of UBI and more about the implementation. Real change wont happen from a history book.
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Milton Friedman wanted to replace the social safety net @AndrewYang did not (despite the wild rumors)
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Please join us Marianna We can charge the world together Peopleforjesse.com We need to expose the green party corruption before it's too late #cleanthegreens @cleanthegreens
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