2 ms·
I’m a fan of UBI, only if coupled with the elimination of minimum wage rules. If UBI was high enough, and only eligible to US citizens, then non-citizens would
by jmpman 4y ago
I’m a fan of UBI, only if coupled with the elimination of minimum wage rules. If UBI was high enough, and only eligible to US citizens, then non-citizens would have significant difficulty competing against the US citizens willing to sell their labor at $2/hr.
It effectively solves illegal immigration.
But like any increase in minimum wage, all of it will be taken by the landlord class.
I consider UBI to be the dream of unmotivated potheads everywhere. Sit around smoking weed, living out of a van, surfing every day.
Make UBI high enough, and I might forgo my top 1% income to join them. Sounds like a good life. But then, who’s going to do the real work?