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I've thought the same thing. The basic income would be the new baseline, and I think we'd see the same poverty rates. "Why do you need a raise? You get $xxx in
by darkstar999 9y ago
I've thought the same thing. The basic income would be the new baseline, and I think we'd see the same poverty rates.
"Why do you need a raise? You get $xxx in basic income." - Boss
- kilotaras 9y ago"Why do you need a raise? You get $xxx in minimum salary." Salaries (except maybe minimum wage) are set by demand and supply. UBI will do nothing to demand, will do nothing to supply of high skilled jobs and may actually reduce supply for low paying jobs by providing an alternative that isn't starving.