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Agreed. My point was you lose a lot of the workforce that power the economy, so you end up losing a lot of what was funding the UBI in the first place (like, it
by logicprog 6y ago
Agreed. My point was you lose a lot of the workforce that power the economy, so you end up losing a lot of what was funding the UBI in the first place (like, it's really expensive) so then how do you support it? And then, these people are dependent on the state and UBI... and then now we can't fund UBI? How well that's gonna go over! Plus, we probably won't get rid of the other social programs to fund UBI, so even the savings people are saying will happen most likely won't. No one will want to get rid of what we've already got.
Minimum wage is less dangerous, agreed, but it feels like just pulling out the bottom rungs of the ladder, since it limits what contracts can be made, not really raising the people on the bottom up. Sure the overall effect on unemployment won't be much because not a lot of people actually are on the minimum wage, but young people and low skilled workers will have a harder time.