LogFAQs > #979013532

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Topic	US Rep wants to raise Minimum Wage to $50 Bucks an Hour...
Lokarin 02/24/24 2:30:17 AM #27:	Count_Drachma posted... The only problem with that plan is UBI doesn't work. Well, not as a replacement, anyway. The UBI pitch has been "Do this in lieu of everything else!" when in fact you'd still likely have some version of Section 8, some version of Medicaid, some version of SNAP, etc, supplementing it. That and we aren't in a post-labor society where UBI could function. https://www.givedirectly.org/2023-ubi-results/ They did an experiment with approx. $500 UBI... the savings on infrastructure and reduction in health spending created a situation where the the government actually SAVED money doing the UBI. --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos <cite>Lokarin posted [p:979013532] in US Rep wan... [t:80704007]...</cite> <quote>Count_Drachma posted... </cite><quote>The only problem with that plan is UBI doesn't work. Well, not as a replacement, anyway. The UBI pitch has been "Do this in lieu of everything else!" when in fact you'd still likely have some version of Section 8, some version of Medicaid, some version of SNAP, etc, supplementing it.That and we aren't in a post-labor society where UBI could function.</quote>https://www.givedirectly.org/2023-ubi-results/They did an experiment with approx. $500 UBI... the savings on infrastructure and reduction in health spending created a situation where the the government actually SAVED money doing the UBI. --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos</quote> ... Copied to Clipboard!
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