Re:Hiring for Basic Income
by sokoloff on Wednesday February 22, 2017 @03:34PM
(#13708917)
Do away with minimum wage laws (no longer needed and no longer desirable with a UBI program in place, IMO), and 40% of the workforce won't end up unemployed/unemployable.
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I'm fine with eliminating the minimum wage in a society with a UBI, wokers will be able to compete purely on value and wages will reflect as much - but the UBI needs to actually be a livable amount and not below current poverty / minimum wage levels.