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Corporations hoarding homes thank Canadians for enthusiastically blaming immigration
(www.thebeaverton.com)
this post was submitted on 22 Aug 2023
383 points (100.0% liked)
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We did have UBI going. It set inflation in motion, as the naysayers always said it would, and we had to reel back.
UBI doesn't have have to cause inflation, but implementation has to be careful to ensure that. You can't throw any random desk jockey at the job and expect sunshine and rainbows. Trouble is, those who have the right skills aren't interested in doing the work. We don't subscribe to slavery, so...
CERB wasn't UBI
Technically GMI, but we've always conflated the two. The study Ontario tired to conduct a few years ago, which was oft-referred to as a UBI study, was also GMI, not UBI, if you look at the implementation details. There are subtle differences, to be sure, but they probably don't make much difference in practice. The conflation isn't the result of them being radically different.
Further, when you have unskilled people doing the work, as we do, it is likely they would be unaware of the difference. So what differences do exist, even where impactful, are ultimately immaterial in any practical sense. Call it UBI, GMI, GBI, MBI, or the many other names thrown out there, and you'll get the same response every time: "You what? Oh, you want to give people money? Okay. Umm. I don't know what that entails, but I'll think of something!"
I never got a penny of it and I am living off 13k a year. It was "technically" not GMI or UBI. We have NEVER had GMI or UBI.
no it didn't. saying CERB caused inflation ignores hand waves everything else going on in the world economy.
So CERB is the driver of inflation. Inflation that the entire world experienced. Holy fuck. Who knew Canada had so much economic power.