2 ms·
> What I'm thinking is UBI (or whatever it might be called in this system) vs. wages. Pick one. This would automatically make the minimum wage > $30k The probl
by lazyjones 11y ago
> What I'm thinking is UBI (or whatever it might be called in this system) vs. wages. Pick one. This would automatically make the minimum wage > $30k
The problems with such a system would be:
* even higher threshold for actually seeking a job because you lose BI (yes, the other side of higher minimum wages)
* either the BI is sufficient for a decent life or it isn't: if it is, it's probably too expensive because a large part of the population will receive it. If it isn't, it will be a program for the poor/disabled only and enough people will be seeking jobs to drive the effective minimum wages down to the current level.