| > This means if I am getting $X per week in welfare but I get an employment offer of $Y per week where Y<X, then I am incentivized to stay on welfare. Yes, sure, but this applies to UBI as well. If Y is not worth my time actually doing the work, after you pay for that card and child care, would I bother? Is UBI a comfortable life, or is it bare minimum to live? >a major reason is that I consider it payment for the loss of "natural rights" that we give up in order to live in a modern society. I don't mind this argument, but lets remember that in order to assert your natural rights you need to actually work. If you were allowed to fish and hunt, you would have go out and do it. UBI suggests you can just do nothing and be handed a living. I would much prefer we provide unemployment or disability to anybody who wants it because I want to live in a compassionate and caring society, but we don't have to call it a UBI, give it to everybody, and turn the world on its head. Then I think we should also guarantee a job for anybody who wants one, with a significant step up in income. (And right now that job should be capturing carbon.) |
It does not. THE primary difference between UBI and unemployment is that UBI does not disappear once you are unemployed. So in my hypothetical scenario above, the person would be making Y+X. Assuming UBI is paid for via income taxes, and that those income taxes are applied progressively, at some point up the income ladder you will be paying more in taxes than you receive in UBI, but at the lower income scales it is all accretive making for a strong incentive to work.
> Then I think we should also guarantee a job for anybody who wants one, with a significant step up in income. (And right now that job should be capturing carbon.)
I think we should have a UBI and then combine that with eliminating the minimum wage. Maybe we limit that to just nonprofits, but the goal would be to make it easier to pay people to do work that is currently not incentivized in our current economy. For example, near me, I volunteer for beach cleanups and at the community garden. These groups are well funded, but they need to rely on volunteers because the minimum wage near me is over $17 and the operations are very labor intensive. If you have a UBI, the idea of paying people a few bucks an hour to clean the beach becomes much more palatable. Right now, we need to try to strong arm companies into paying livable wages, but there is only so much economic activity that is profitable at those levels. A UBI that provides very basic subsistence (we are talking squalor levels of assistance, FYI), combined with reducing barriers to employment would go a long way towards resolving some major ills in our current economy.