2 ms·
The problem is that instituting UBI will require a political fight that will make the fight over Obamacare look positively cordial, and there's no way that figh
by smacktoward 7y ago
The problem is that instituting UBI will require a political fight that will make the fight over Obamacare look positively cordial, and there's no way that fight can even begin until 2020 at the earliest anyway because of who currently holds the White House and Senate. Whereas bumping up the minimum wage is a much smaller lift, since it's just an incremental adjustment to a program that already exists.
If I were working for minimum wage, and I was offered a choice between a small wage increase right now and a possible shot at a completely new compensation regime whose details have only begun to be worked out, I know which one I would take.
- Fjolsvith 7y agoIf I were working for minimum wage, I'd be looking for a better job and not pinning my improvement in financial status to a political pie in the sky.