Why pandemic benefits spells trouble for universal basic income

Why pandemic benefits spells trouble for universal basic income

The writer is editor-in-chief of MoneyWeek

Let’s say you are unemployed and someone offers you $15 an hour to work a 40-hour week as a shift manager at McDonald’s in the US. That would give you $600 a week. It’s not a fortune. It’s not awful either. So all other things being equal, if you were in need of work you’d probably take it. But what if someone else was offering you a little over $600 a week if you didn’t take it? $650 perhaps — to stay at home instead. My guess is that you might think twice […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.