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Is this a pilot of the universal basic income? I’m conflicted, on one hand the lack of any income provides an urgency to work, giving the money could maybe hin

Is this a pilot of the universal basic income? I’m conflicted, on one hand the lack of any income provides an urgency to work, giving the money could maybe hinder this and encouraging kicking the can down the road. Alternatively, many times even to just pull your self up by the bootstraps, something is needed for day to day necessity. Even if you get into college, does the pell grant for instance cover enough? Maybe for ramen and some clothes, basic supplies, really cheap rent if you can find it, but beyond that, hard to fathom getting far and every penny helps.

Kim_Bruning 4y ago
You need to earn above a certain threshold before you actually can manage to hold on to more money, plan for the future, and build your reserves. [1] Having an income below the threshold may make people feel like they need work more urgently than ever, but unfortunately they won't have sufficient means to turn that will into action. If -on the other hand- you pay people UBI up to that point (or a little over, to be safe) , you basically ensure equality of opportunity for everyone, and make sure they actually CAN go to work every day and build their fortune. (Paying for UBI needn't be hard. In one model you can effectively tax back most of the UBI from people who didn't need it. This can be achieved by adjusting tax brackets. ) [1] To hold on to most jobs, you need at least: a roof, a bed, clothes, shower, some amount of study material, transportation, and tools of your trade.