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Well, not force them to live on welfare would be a good start :) Which is what minimum wage is doing. Comparative advantage is a thing. Lower work cost enough,
by radu_floricica 5y ago
Well, not force them to live on welfare would be a good start :) Which is what minimum wage is doing.
Comparative advantage is a thing. Lower work cost enough, and ideally lower other living wage floors like NIMBYsm, and things should settle to a decent enough level. Which we can supplement with a very low level UBI when we can afford it.
But the current system is not just discouraging - it's forbidding unproductive people from working.
- solarmist 5y agoHow getting rid of minimum wage (from your original post) would reduce reliance on welfare? Also NIMBYism manifests as a wage floor, but keeping the wrong sort of people out is the cause and money’s not gonna solve that. Finally, from everything I’ve read UBI is already affordable. Especially when you replace welfare and the all of the bookkeeping/gate keeping costs associated with ensure not a single dollar is ever “abused”.
- radu_floricica 5y agoTry sketching the math on a napkin. I assume you're in US - multiply the population with a monthly figure, then 12 months, and compare it with the current yearly budget.gonna be interesting, I promise.