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>A big bang approach would be very disruptive. I think it would be better to start at a modest level, Starting it at a 'modest' level would end up subsidizing
by crdoconnor 11y ago
>A big bang approach would be very disruptive. I think it would be better to start at a modest level,
Starting it at a 'modest' level would end up subsidizing employers who could use it to ratchet down wages. Only if you could leave your job entirely would it have the effect of raising wages.
- arebop 11y agoWe already subsidize employers of low-wage and part-time workers; Wal*Mart is infamous for encouraging its workers to apply for food stamps, for example. This outcome is even implicit in the common observation that UBI could obviate the minimum wage, making it legal to employ low-skilled workers and improving their dignity by erasing the difference between those on the dole and those who work for a living.
- crdoconnor 11y agoI'd rather see a job guarantee via a public works program like we had in the 1930s. It's not like those robots who supposedly stole our jobs are actually fixing creaking US infrastructure. It's just falling apart.
- eru 11y agoWhy don't employers cut wages now already?