4 ms·

This is far too simplistic, especially when you consider the issue of gentrification and the rise of housing costs associated with it. You ignore that this lead

This is far too simplistic, especially when you consider the issue of gentrification and the rise of housing costs associated with it. You ignore that this leads back to the same issue: Poor people are now living in a higher-cost area where their previously held job no longer suffices to live. So now you force these poor people out of homes that they used to be able to afford into even poorer areas with worse job security. This is assuming that they're even able to acquire new jobs. And it would only get worse with automation. A basic income that doesn't scale based off of CoL is one that's bound to fail in the face of automation.

imtringued 10y ago
How is a basic income that scales based off of CoL even supposed to work? A UBI causes the cost of living to rise in the short run. If you readjust the UBI the cost of living will rise again and again. Cities like San Francisco will become more attractive because they not only have more jobs they also pay you more UBI. The more people move in, the higher the cost of living if housing supply is constrained. Readjusting the UBI then makes the city even more attractive. At the same time small cities become less attractive because not only are people moving into the city but their UBI is shrinking too.
AnthonyMouse 10y ago
> This is far too simplistic, especially when you consider the issue of gentrification and the rise of housing costs associated with it. You ignore that this leads back to the same issue: Poor people are now living in a higher-cost area where their previously held job no longer suffices to live. A basic income would allow you to move to some town in Oregon or Colorado without having to worry about starving to death until you can find a job as a bouncer or the like. Once you do the presence of people like you creates some other jobs for plumbers and carpenters etc. The idea that this is going to turn every Podunk town in America into San Francisco or New York City and leave the poor with nowhere to live is clearly untrue.

imtringued 10y ago

How is a basic income that scales based off of CoL even supposed to work? A UBI causes the cost of living to rise in the short run. If you readjust the UBI the cost of living will rise again and again. Cities like San Francisco will become more attractive because they not only have more jobs they also pay you more UBI. The more people move in, the higher the cost of living if housing supply is constrained. Readjusting the UBI then makes the city even more attractive. At the same time small cities become less attractive because not only are people moving into the city but their UBI is shrinking too.

AnthonyMouse 10y ago

> This is far too simplistic, especially when you consider the issue of gentrification and the rise of housing costs associated with it. You ignore that this leads back to the same issue: Poor people are now living in a higher-cost area where their previously held job no longer suffices to live. A basic income would allow you to move to some town in Oregon or Colorado without having to worry about starving to death until you can find a job as a bouncer or the like. Once you do the presence of people like you creates some other jobs for plumbers and carpenters etc. The idea that this is going to turn every Podunk town in America into San Francisco or New York City and leave the poor with nowhere to live is clearly untrue.