Is Fox news unironically the best place to learn about your new favorite social dem?
this post was submitted on 25 Jun 2025
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Almost all small local shops and restaurants did go bankrupt during Covid. The bailouts went disproportionately to the oligarchy. Some small businesses benefitted, but it would have been far more effective to bail out individuals.
But I agree that a negative tax or UBI would be great, too, as long as it was tied to the cost of living and paid for by business taxes. It would effectively subsidize every business, creating a minimum wage paid to every person regardless of whether they work or not.
Not here in NL, most of the either went bankrupt after covid due to them needing to pay back the government loans or continued on. The government here did that to save a lot of people from losing their job. Bailing out individuals wouldn’t have worked, the entire situation was already rushed. It would have causes even more issues.
The only issue with UBI is that there is a portion that will just refuse to work, we do not know how big thay portion is. We need to destroy the massive corporations and maybe work on a better way of promiting companies to do the right thing