Why Pandemic Benefits Cause Problems with Universal Basic Income

Why Pandemic Benefits Cause Problems with Universal Basic Income

The writer is MoneyWeek Editor-in-Chief

Suppose you are unemployed and someone offers you $ 15 an hour to work 40 hours a week as a shift manager at McDonald’s in the United States. That would be $ 600 a week. It’s not lucky. It’s not terrible. Therefore, if all other conditions are the same, you will probably accept the job if you need it. But what if you don’t receive it and someone offers just over $ 600 a week? Probably $ 650 — instead of staying at home.My guess is that you May rethink ..

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