@climateyupa@punished_casa The fact that it has so much public support is one of the reasons why it ought to be strongly opposed.
If the moronic voting class had their way, it would be worse.
@StillTr05207382@bryan_caplan Technically true but consider that most ubi advocates also are big fans of things like the CTC, so it’s not as much of a decrease as you would think
@MakeUSAVAT@punished_casa Odds are this is just going to consumption, not actual investment. The utility change in this consumption is probably positive (diminishing value of the marginal dollar) but long term the growth impact is negative, and imo the latter matters a lot more than the former
@MakeUSAVAT@punished_casa Assuming 40 has a small negative growth rate impact, we’d need to look at what the growth rate impact of the extra spending is actually producing.
Utility is one thing, but programs that are genuinely economically growth positive are few, and typically small
@wuffspepstar@bulgarbrutalit2 HDI is a bad metric. It logarithmically scales increases in gdp per capita (correct) but doesn’t do so for life expectancy. This makes the metric essentially worthless.
@Nbtoma@actsmaniac I suppose that’s true, but we’re still stuck finding the line between more diffuse anger, and potentially missing out on some real net positive healthcare investment (though it is small), and the more likely outcome of simply spending too much money.
@Nbtoma@actsmaniac This doesn’t change a radical amount down the line, as at the end of the day someone has to pay the cost.
In the swiss system it is still quite strongly subsidized, though private. There is no free lunch.
@LittleKeegs0@landvaluetax 1) We have to ask to what degree holding down costs via price controls is actually a net positive long term outcome.
2) Not if you’re being held accountable to individuals making preposterous demands of ever increasing healthcare spending
This is a great reminder that there are people who long for endless toil and drudgery, who hate progress in all its forms, who would rather you ride a horse than drive a car or fly on a plane.
And we cannot let them win.
@AliceFromQueens@RichardHanania The truth is, all else equal, these universal healthcare systems are not particularly different even with structural differences in admin.
now, all else is not equal, but nonetheless a critique which applies to britain also generally applies to germany