Universal Basic Income

Post: #114

I personally am a strong supporter of UBI.

Here’s what a lot of people don’t seem to get. Unlike current US welfare programs, it is not "means tested" and does not go away as you earn income.If the UBI is $20,000 for a family of four and it goes away if you get a job, there is clearly no incentive to take any job that pays less than some number considerably bigger than $20,000, probably around $35,000 or so for most people.If the UBI is $10,000 for a family of four and does not go away if you […]

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