News for hackers. Stuff that matters.
Re:Finland’s Basic Income Experiment Shows Recipients Are Ha... by moorhosj on Thursday April 04, 2019 @09:50AM (#19572233)
Under UBI, the people with low skills would have the means to upgrade those skills.
Re:Finland’s Basic Income Experiment Shows Recipients Are Ha... by b_tterc_p on Thursday April 04, 2019 @11:58AM (#19573845)
Exactly. And if all the people with low skills upgrade their skills, the cost of low skilled labor increases, driving up the price of goods, and making the current UBI insufficient.

We NEED low skilled labor. Bioshock proved this years ago.

Re:Finland’s Basic Income Experiment Shows Recipients Are Ha... by moorhosj on Thursday April 04, 2019 @01:19PM (#19574783)
==We NEED low skilled labor. Bioshock proved this years ago. ==

Would we stop importing this labor from other (poorer) countries? I imagine only people with a SSN would get the UBI benefits. Immigrants would still come here to do low-skilled jobs as they would be ineligible for UBI, no?

Re:Finland’s Basic Income Experiment Shows Recipients Are Ha... by b_tterc_p on Thursday April 04, 2019 @01:58PM (#19575225)
A very large proportion of low skill labor is done by us citizens- and we don’t have many visas for low skilled labor.

This wouldn’t evade the problem of increasing the cost of low skill labor and thus increasing the cost of goods.

To your point, it would force the poor without UBI into even harder poverty.