2 ms·
The problem with a minimum wage or subsidized labor is that your are dependent on the availability of work for everyone which mandates a constantly growing econ
by shkkmo 6y ago
The problem with a minimum wage or subsidized labor is that your are dependent on the availability of work for everyone which mandates a constantly growing economy that will destroy our planet.
If you are comfortable with fluctuating minimum wage to control unemployment, you could do the same thing with UBI.
Personally, I don't think that we should to threaten our citizens with homelessness and hunger to get them to be contributing members of society.
I would personally institute UBI gradually, pairing UBI increases with reductions in the minimum wage during economic downturns to stimulate the economy.