> The phrasing tries to downplay the number, but 1 in 8 people stopping work is very significant. I agree that seems very significant. Unemployment is consider

> The phrasing tries to downplay the number, but 1 in 8 people stopping work is very significant. I agree that seems very significant. Unemployment is considered to be quite high when it's at 8% for instance. During the pandemic, we've had to pay people monthly cheques because we forced businesses to shut down, and it's been difficult to get people to return to work. Granted, this isn't the same as UBI, and there are conflating factors, but currently, we're in a situation where we have high inflation and a labor shortage. That's not very encouraging. In my mind, if we want to implement something like UBI, we need a way to control the inflation it might generate. It might also not be realistic to do this until we have something like general purpose robots to counter the labor shortage. Another problem is just how we finance something like this. Increasing taxes on the general population seems like a pretty bad idea. We'd have to fund it through money printing, but again, how do we control the resulting inflation? High sales taxes? Increasing income taxes in the higher brackets would create a situation where it's less worthwhile to work hard.