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I can't see your logic. If someone is making ends meet by working at your (illegally low) wage, then having that wage _plus_ UBI means that they are UBI rate /
by zentiggr 6y ago
I can't see your logic.
If someone is making ends meet by working at your (illegally low) wage, then having that wage _plus_ UBI means that they are UBI rate / existing wage times better off.
The wage's percentage of total income dropping is a red herring.
No one will be pushed to work more when they have _more_ resources at hand.
- jlokier 6y agoI think you haven't taken into account the adjustment to prices that happens, eventually, as the market responds to everyone being on UBI. That's why I wrote "real", as in adjusted for inflation.