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A comment on Policies that make the poor less poor. Parent comment
For a low-wage earner today, the choice is:
* Don't work, get $300/week * Work, get $400/week
Depending upon circumstances, many find the former option better.
But UBI is proposing an option like this:
* Don't work, get $300/week * Work, get $280 + $400/week
With this kind tradeoff, many more will chose latter option.
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For a low-wage earner today, the choice is:
* Don't work, get $300/week * Work, get $400/week
Depending upon circumstances, many find the former option better.
But UBI is proposing an option like this:
* Don't work, get $300/week * Work, get $280 + $400/week
With this kind tradeoff, many more will chose latter option.