> In my first comment I referred the Scandinavian countries. Read up on the flexicurity model of Denmark.
Denmark does not have UBI. They "just" have a good welfare system, good income redistribution policies, and strong labor policy.
They do not make the case for UBI, they make the opposite case -- that the problems of present can be solved without UBI.
> You cannot within the confines of the responsibility of the monetary systems (Eg. The FED). What you are seeing now is that the FED "prints" money that accumulate at the top because the fiscal powers (Eg. the government) are psies who do not dare to redistribute - this is called the velocity of money. And there is a higher velocity of money when they are in the hands of the people than in the pockets of the rich.
You can, and they have. In fact, much of the US wants the FED to lower rates right now, but they have not.
I agree with you that people lack the wherewithal to redistribute more effectively, or at least as a stated goal.
Trying to make sure I'm hitting the points you're noting here but the FED is not "printing" tons of money right now, they have tightened monetary policy, especially relative to the last ~6 years.
It's unclear if the use of "velocity of money" is right here -- I think you're referring to propensity to spend, which would increase velocity of money. Yes, poor people spend more of their income than rich people, and that is stimulative to the economy, and so arguably policies should be crafted that encourage productive work for pay rather than rent seeking or pure accumulation of capital. I'm not sure if that's your point, but that's what I take away from it.
> Regardless, proposing UBI on American forums is generally like setting fire to a wasp nest. Americans have been conditioned to support the oligarchy in quite some decades now.
Welp, that's kind of an unproductive way to end, but sure. Conditioned or not (I'm American), I'm still looking for a good argument for UBI and haven't found one.
Good arguments for better redistribution are easy to make, good argument for higher taxes are good to make, good arguments for better social safety nets are easy to make -- but still can't really find one for UBI specifically above the other options.