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by droro
2450 days ago
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It kind of frustrates me that I keep seeing UBI being described as a sort of unemployment assistance. Unless you drop the "U", a UBI is something EVERYONE receives- the separation between givers/takers would not be obvious, especially if the unemployment rate remains low. And I think the unemployment rate would remain low because workers would be willing to accept lower pay if it is bolstered by a UBI.
A UBI that is aggressive enough would actually create jobs by lowering the cost of labor in this manner. The thing that prevents people from having jobs isn't a lack of demand for labor- it's the unwillingness of companies to pay for a worker's full cost of living. A UBI could correct for that. |
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