3 ms·
You could also argue the ratio, maybe wage is increased by 30% and prices are only expected to go up by 20%. And the point is that the income percentage increa
by orangecat 2y ago
You could also argue the ratio, maybe wage is increased by 30% and prices are only expected to go up by 20%.
And the point is that the income percentage increase is higher for those with lower incomes. Even if prices go up by 20%, somebody making $20k/year who gets an additional $10k from UBI is going to be much better off.