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Yang-style UBI would not be livable without a job anyway, it'd just allow landlords to pocket even more dollars from urban dwellers. That would not help the une
by Twixes 7y ago
Yang-style UBI would not be livable without a job anyway, it'd just allow landlords to pocket even more dollars from urban dwellers. That would not help the unemployed and minimum wage folks at all – especially if we cut other benefits and implemented VAT (a tax based on consumption, which is basically regressive) to pay for this. For the unemployed there should simply be a solid state safety net with livable unemployment benefits. Although in this crisis it's critical that we keep jobs so that it's possible to restart economic activity as smoothly as possible when the danger passes.
- erik_seaberg 7y agoA lot of urban dwellers are only there for the job market. There's plenty of space in the US where $1K/month is enough, but if you can't find work you get $0.
- Twixes 7y agoThat's true, but nobody's going to move now with all the hazard and uncertainty, and when the world boots up again, the distribution of jobs is rather going to stay similar.
- erik_seaberg 7y agoOh yeah, temporary cash now isn't going to do what Yang-style UBI might.