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by klmadfejno
2171 days ago
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> If firms have to raise wages for workers with low bargaining power (i.e. low wage menial workers) that's a positive outcome of the policy. Agreed. You could also just raise the minimum wage to achieve the same for far less. > If they outsource or automate jobs and thus become more profitable we would always have the option to raise the UBI, because after all they can afford it then. That just shifts incentives higher up the chain so we have more labor done by other countries and more dependent people in domestically producing nothing. That's the worst possible outcome. Outsourcing jobs is a bad thing. |
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