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Yep. UBI -is- meant to be universal, and I'd be for it. I'm just saying, even without a UBI, the existing system could be made to work. 50% is just a number th
by lostcolony 6y ago
Yep. UBI -is- meant to be universal, and I'd be for it.
I'm just saying, even without a UBI, the existing system could be made to work. 50% is just a number thrown out there; it can be reduced, it can be non-linear. The point is that as long as there is no cliff, no point where if you make $1 extra by working you net -lose- money, we avoid the existing issue.
As to whether there is enough utility at any given total income to warrant the extra work...that's a 'problem' we have now, and always will have. Presented with the opportunity, do I want to turn my time into money? That's entirely dependent on how much I value each of those things.
There's actually a reason I chose 50%, beyond it just being a nice round number. See, if the federal minimum wage was upped to $15 at the same time as changing welfare like this, we'd be able to institute the fall off while making the benefit of working those hours feel like the same amount of buying power as working now. Only difference is, essentially, that everyone making less than 2x welfare/etc benefits, would see a larger increase even than that.