I'd say you absolutely say 'tough shit'. Learning to manage a scarce resource effectively should be one of the goals of the program. It should not be the job of the state to take care of people who, of their own volition, regularly and repeatedly screw themselves over. That isn't to say that nobody should care for them, but I think that should fall to private charities, family, or other institutions.
If a person's issue is drug addiction for instance (probably the most common type of person who would blow all their money and not have enough for food), i'd like to see free treatment offered to those people. I would not, however, like to see more resources given to them other than that. They can keep getting their BI check and blowing it on drugs until they decide they're ready to stop, or they die. They will have their habit financed which will probably net to a far lower social cost than them stealing to pay for it or whatever else they may be doing.
The other major potential financial stress is healthcare. Healthcare is essentially a random high variance cost. For this reason, I think it makes sense for society/government to socialize high-cost healthcare problems for people. I think this is a true public good in the sense that it allows people to be untethered from their jobs and to pursue more risky enterprises without fear of harming theirs or their families health in so doing. This is ultimately a net good for society far above and beyond the health benefits that it gives to the actual end-recipients of the funds. Smoothing ultra-high variance, random inelastic expenses is critical to promoting innovation and keeping an economy running effectively.
If a person's issue is drug addiction for instance (probably the most common type of person who would blow all their money and not have enough for food), i'd like to see free treatment offered to those people. I would not, however, like to see more resources given to them other than that. They can keep getting their BI check and blowing it on drugs until they decide they're ready to stop, or they die. They will have their habit financed which will probably net to a far lower social cost than them stealing to pay for it or whatever else they may be doing.
The other major potential financial stress is healthcare. Healthcare is essentially a random high variance cost. For this reason, I think it makes sense for society/government to socialize high-cost healthcare problems for people. I think this is a true public good in the sense that it allows people to be untethered from their jobs and to pursue more risky enterprises without fear of harming theirs or their families health in so doing. This is ultimately a net good for society far above and beyond the health benefits that it gives to the actual end-recipients of the funds. Smoothing ultra-high variance, random inelastic expenses is critical to promoting innovation and keeping an economy running effectively.