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by fzingle
2267 days ago
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This kind of concern crops up in UBI discussions all the time, but I think it gets things backwards. Instead of asking if some significant number of jobs will go unfilled because people are paid a poverty line level of income by the government, we should be asking: "Why aren't we paying people who work 40hrs/wk a living wage?" The decision not to work and live off of UBI is only attractive to people who are currently working many hours and earning about the same as what UBI is offering -- and that should give us pause. |
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The evidence of people usually choosing to retire upon reaching the age they are able to receive much smaller stipends than their current earnings suggests otherwise. Many people value their free time highly, and a poverty wage to a single parent living in rented accommodation can be quite comfortable when doubled and applied to a homeowning couple with savings for rainy days.