Re:Germany begins 3-year universal-basic-income trial
by orangecat on Wednesday August 19, 2020 @02:52PM
(#24214524)
If I have saved maybe a million in cash, UBI would encourage me to just stop working.
You'd already be "encouraged" to take a lower-paying part time and/or less stressful job. But most millionaires aren't going to be satisfied with the downgraded lifestyle that would entail.
doesn't do much for the poor
It does a lot for the poor. It lets them earn additional money without worrying about losing benefits, which is a big problem with current welfare systems. And more importantly it gives them negotiating power; they can walk away from abusive employers without the worry of homelessness or hunger.
You'd already be "encouraged" to take a lower-paying part time and/or less stressful job. But most millionaires aren't going to be satisfied with the downgraded lifestyle that would entail.
doesn't do much for the poor
It does a lot for the poor. It lets them earn additional money without worrying about losing benefits, which is a big problem with current welfare systems. And more importantly it gives them negotiating power; they can walk away from abusive employers without the worry of homelessness or hunger.