UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
If people have UBI, you can get away with paying less though. That’s how walmart does it; just encourage your workers to get welfare so they stay alive enough to work more
And that’s honestly my proposal for it. Basically, create something like UBI (my preference is NIT) that ensures everyone is over the poverty level, eliminate minimum wage, and have benefits phase out for some reasonable definition of “living wage” (say, 2x the poverty level, maybe 3x).
Working would never make you worse off, and people wouldn’t feel obligated to take crappy jobs if the pay isn’t there.
We could also eliminate many other forms of welfare at the same time and just increase benefits accordingly.
Agreed, I certainly wouldn’t touch Medicare or Medicaid. I’d also probably leave unemployment insurance as is, and this would kick in afterward.
But I think it could replace Social Security, food assistance, housing assistance, etc. And I think we could fund it by lifting the income cap on Social Security, but I’d need to run the numbers to be sure.
I’d say some disability benefits as well. Simply getting by can be more expensive when you can’t do basic tasks yourself, even if you have the best universal health care possible.
Which we all know would happen IMMEDIATELY in lockstep with any widespread rollout of UBI, and any complaint would be met with half the country screeching “FREE MARKET REEEEEE”
Rent Control can only have one outcome. Decreased amount of available new or renovated rentals which coupled with an ever increasing demand for housing, creates some of the housing shortages we see in larger cities today.
UBI can be an effective way to fight poverty, and would be an even more effective way to combat poverty if we implemented a Negative Income tax whereby all welfare programs are rolled into the funding.
And how did that work out for the estimated 15-55 million people that died of starvation as a result of the “equitable distribution of land ownership”?
What a childish response. So the famine didn’t occur because it’s documented on Wikipedia?
The reasons for the famine are well understood and documented. I don’t think defending Mao is the way to go in regards to our modern housing crisis.
The housing market issue is also well understood and documented. We know companies and investors have been buying more and more houses, driving up prices. We know wages have not kept pace with rising housing costs. We know the gap between rich and poor has been widening year after year. Why the fuck are we derailing the conversation?
Rent Control can only have one outcome. Decreased amount of available new or renovated rentals which coupled with an ever increasing demand for housing, creates some of the housing shortages we see in larger cities today.
Only if you assume that private landlords are the only way to supply housing.
If people aren’t forced to work to live then how can I get cheap labor for my shitty business that my dad gave me?
If people have UBI, you can get away with paying less though. That’s how walmart does it; just encourage your workers to get welfare so they stay alive enough to work more
And that’s honestly my proposal for it. Basically, create something like UBI (my preference is NIT) that ensures everyone is over the poverty level, eliminate minimum wage, and have benefits phase out for some reasonable definition of “living wage” (say, 2x the poverty level, maybe 3x).
Working would never make you worse off, and people wouldn’t feel obligated to take crappy jobs if the pay isn’t there.
We could also eliminate many other forms of welfare at the same time and just increase benefits accordingly.
The only benefits that I think would have to stay, are those with “unlimited” downside, like healthcare.
UBI can potentially replace specific benefits for housing or general living expenses, but it can’t really replace healthcare.
Agreed, I certainly wouldn’t touch Medicare or Medicaid. I’d also probably leave unemployment insurance as is, and this would kick in afterward.
But I think it could replace Social Security, food assistance, housing assistance, etc. And I think we could fund it by lifting the income cap on Social Security, but I’d need to run the numbers to be sure.
I’d say some disability benefits as well. Simply getting by can be more expensive when you can’t do basic tasks yourself, even if you have the best universal health care possible.
Raise their rent
Which we all know would happen IMMEDIATELY in lockstep with any widespread rollout of UBI, and any complaint would be met with half the country screeching “FREE MARKET REEEEEE”
Guess we better institute rent controls first then
Shut up baby I know it
Too bad 80% of the country would call us commies for suggesting it.
That alone would be better than UBI.
Rent Control can only have one outcome. Decreased amount of available new or renovated rentals which coupled with an ever increasing demand for housing, creates some of the housing shortages we see in larger cities today.
UBI can be an effective way to fight poverty, and would be an even more effective way to combat poverty if we implemented a Negative Income tax whereby all welfare programs are rolled into the funding.
More 👏 Empty 👏 Houses 👏 Than 👏 Homeless 👏 People 👏
The maoist uprising against the landlords was the largest revolution in history and led to an almost entirely equitable distribution of land ownership
And how did that work out for the estimated 15-55 million people that died of starvation as a result of the “equitable distribution of land ownership”?
Source
Wikipedia lol
Would you like more sources?
The Guardian
NPR
Britannica
Al Jazeera
What a childish response. So the famine didn’t occur because it’s documented on Wikipedia?
The reasons for the famine are well understood and documented. I don’t think defending Mao is the way to go in regards to our modern housing crisis.
The housing market issue is also well understood and documented. We know companies and investors have been buying more and more houses, driving up prices. We know wages have not kept pace with rising housing costs. We know the gap between rich and poor has been widening year after year. Why the fuck are we derailing the conversation?
Only if you assume that private landlords are the only way to supply housing.
There is no reason to assume that.