3 ms·
What I don't understand, if everyone is going to pay for UBI, can't you basically just leave the UBI and be at the same point? I think UBI is a lot like "Helik
by chrisandchris 4y ago
What I don't understand, if everyone is going to pay for UBI, can't you basically just leave the UBI and be at the same point?
I think UBI is a lot like "Helikoptergeld" (copter money) which you distribute to everyone instead of trying to get help (money) there where it's needed.
I would absolutely just follow my dreams if I get UBI, and that won't contribute to the GDP, but rather to society.
- oneoff786 4y agoAnd who will scrub the toilets
- krapp 4y agoThe stock answer is that such jobs will either need to raise their wages until they attract labor, be automated, or cease to exist.
- chrisandchris 4y agoIn my (laymans) understanding of economics, increasing all these wages will increase prices of things those people consume too, which will basically result in a marginally change.
- dragonwriter 4y ago> And who will scrub the toilets People will be paid to scrub the toilets. (The effect on wages would be interesting: unskilled but dead-end jobs would probably see substantial wage increases, while entry-level jobs with advancement potential might see decreases, at least relative to wages overall.)
- dragonwriter 4y ago> What I don't understand, if everyone is going to pay for UBI, can't you basically just leave the UBI and be at the same point? No. I mean, if everyone paid a flat capitation equal to their UBI payment, sure, but if “everyone pays” because it is paid for out of general funds raised by a tax system which, even if it is a mix of various taxes, is approximated as a progressive tax on income, then, no, not at all.