Re:Universal basic income to be tested in Wales
by toast0 on Saturday May 15, 2021 @11:01AM
(#27165793)
UBI is supposed to be universal. Under UBI the choice would be get the 'free money' and also work or just get the 'free money'. Under unemployment insurance, you generally can't keep getting benefits when you are working, so it's not the same choice.
This is a challenge with a lot of benefits programs; the change in income often doesn't seem to justify the change in labor. If you get the same UBI payment regardless of if you're working or not, the disincentive to work, because it ends your benefit isn't there; of course, the disincentive to work, because working is work is still there.
Re:Universal basic income to be tested in Wales
by cm2187 on Saturday May 15, 2021 @12:40PM
(#27166724)
That’s not the point. The point is that you have a basic revenue doing nothing, and only a marginally higher revenue if you work. How you segment these revenues isn’t the problem.
This is a challenge with a lot of benefits programs; the change in income often doesn't seem to justify the change in labor. If you get the same UBI payment regardless of if you're working or not, the disincentive to work, because it ends your benefit isn't there; of course, the disincentive to work, because working is work is still there.