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BI alone is by definition the poorest you can be. That's never going to be nice. It's almost certainly never going to be $45k. So long as money motivates people
by netcan 11y ago
BI alone is by definition the poorest you can be. That's never going to be nice. It's almost certainly never going to be $45k. So long as money motivates people, people should still be motivated to have more than the poorest.
OTOH, BI does not disincentivize recipients from working, like current schemes do.
The specifics vary by place but almost everywhere unemployment benefits recede rapidly when you are.. employed. If you are disabled but manage to work part time, that can be used to invalidate your disability claim.
The whole point is to get more people working, and make it worth their while. If BI results in fewer people working, it has failed.
- xienze 11y ago> BI alone is by definition the poorest you can be. So is minimum wage + all eligible welfare benefits. What's the cash value of that? That's your new BI.
- seanflyon 11y agoMinimum wage guarantees you will make a minimum of $0 + all eligible welfare benefits.
- surfmike 11y agoThe benefit will be universal, but then you have to pay for it with increased taxes. So the increased marginal rate will disincentivize people from working.
- seanflyon 11y agoWith BI, You will never be in a situation where you will be poorer for earning a dollar you just won't be an entire dollar richer.
- surfmike 11y agoWe could scale back benefits more gradually than we do today. That would be a lot cheaper than giving everyone a guaranteed pot of money.