minimum wage can be confused with UBI, because it has a disproportionate (positive) effect on the poorest - a significant % boost to their disposable income. T

minimum wage can be confused with UBI, because it has a disproportionate (positive) effect on the poorest - a significant % boost to their disposable income. There are a number of effects that boost disposable income in the US: lower tax brackets, tax credits, minimum wage, etc. I don't think anyone is arguing that people need to be poor, just illustrating that it's difficult to really say what the effect will be of increasing disposable income. Isolated studies of UBI suffer from this same problem. A localized increase in spending power may not tip the wider economy, but if everyone had it? That really might. We just don't know.