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And things that lag with an increase in demand? Housing, etc.? I don't doubt that it will have some benefit towards the TPP of low-income consumers in the long
by nostrebored 10y ago
And things that lag with an increase in demand? Housing, etc.?
I don't doubt that it will have some benefit towards the TPP of low-income consumers in the long term -- I do doubt that in the model of replacement of current welfare systems that this is an effective approach, and I doubt that it will be effective in the short term as housing prices will skyrocket. The long term effects of the latter would be interesting if the short term shockwaves caused the policy to be repealed.
- dragonwriter 10y ago> And things that lag with an increase in demand? Housing, etc.? The degree to which housing lags is a function of unrelated (to the benefit structure) aspects of public policy (particularly, local zoning and planning processes.) Places where the low-end housing markets are unresponsive because of these types of policies will remain problematic for the same reason under a UBI. But avoiding major disruptions is one of the reasons I think a gradual ramp up of UBI and phasing out other benefit programs by just counting UBI in income when determining eligibility is, even though it defers the administrative cost savings of UBI, the best way to move to it.
- nostrebored 10y agoI think that a delayed implementation is one of the most reasonable things that I've heard regarding UBI! Thanks for the input, some food for thought.