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Old 09-11-2020, 12:02 AM   #56
GGG
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Quote:
Originally Posted by blankall View Post
What are you providing? Basic unemployment benifits or an actual UBI? My understanding was that UBI was enough to support yourself.

The reality is that most basic jobs would be barely above a UBI. I'm not perpetuating any stereotypes at all. The problem is you have no concept of what these jobs are actually like. Have you ever worked one? Do you have any idea how soul crushing these menial labour jobs are.

You're also ignoring black market and under the table work.

Once again if the choice if $2.5k/month cleaning toilets or $1800/month at home, it's at home for 99% of people. Especially when you can earn some money on the side doing odd jobs here and there. The truly "hard working" poor you speak of would take the $1,800/month and then start doing cash jobs on the side. You're correct many working poor do hustle. Just not always within the rules.

At the end of the day UBI falls apart for the same reason all socialist systems do, they rely on the honesty of the entire population. They rely on people working to the best of their ability without personal incentive do so.
A UBI is an AND not an OR. It would be 1800 a month doing nothing or (now that the bottom bracket has a 35% federal tax and another 1250 for working for a total of 3250.

Not that it really changes anything. A large enough portion of people would quit their jobs with that level of UBI.

What i have found interesting is that during the pandemic significantly less labour was required to meet societies needs. Essentially that if we could distribute access to food and shelter more equitably everyone could work less. We hit probably around 30% unemployment on a near global basis and there was only minor shortages.

Effectively 30% of our effort is just waste. This would suggest there is room for a UBI to allow people to work less without society falling apart. The problem is that we don’t have a large scale system that works better than regulated capitalism to do it.
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