topics. I had a chance to hear Buckley speak; his enunciation in his later years made him tough to understand.
To the point at hand, Friedman's negative taxation is a long way from Yang's UBI. The $1000 he is suggesting will be quickly eaten up by inflation. Likewise, without reform to other entitlements, it's just another tax. Finally, points 1, 3 and 4 from his own site are pipedreams.
- UBI, essentially, would be going to those who do not need it
- It wouldn't raise the GDP, outside of generating inflation - it would be an artificial salary increase
- no rationale argument can be made that it would help health care, incarceration, homelessness services