Quote:
Originally Posted by Aces4
UBI, as the younger generations state, is anticipated by many now…. Universal Basic Income dished out by the government.
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What I worry about is the illegal immigrants that are pouring across our southern and other open borders. Even after the language problems could be decreased, most will only have basic labor-type skills. So, the US could end up with up to 30% unemployed and under-employed extra people. If the Florida highways are any indication, the US is already overcrowded. A.I. and robotics are going to practically guarantee high unemployment.
......With factory jobs decreasing, the middle class is decreasing and has less power. The US is moving (due to tax percentages and intervals that favor the rich) toward having 2 classes - the highly educated upper class and the minimally educated low class together with the unemployables. And without a strong middle class America will cease to be America and an internal or external takeover is more possible.
............Moving manufacturing offshore to countries like China could have been the beginning of the end.
........Another problem associated with high unemployment would likely be more crime as people see their less successful future.