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UBI Cash Payments Reduced Homelessness, Increased Employment in Denver (www.businessinsider.com)
submitted 3 years ago by [M] to c/worldnews@lemmy.ml
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[–] 38 points 3 years ago (4 children)

If people have UBI, you can get away with paying less though. That's how walmart does it; just encourage your workers to get welfare so they stay alive enough to work more

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  • [–] 5 points 3 years ago (3 children)

    And that's honestly my proposal for it. Basically, create something like UBI (my preference is NIT) that ensures everyone is over the poverty level, eliminate minimum wage, and have benefits phase out for some reasonable definition of "living wage" (say, 2x the poverty level, maybe 3x).

    Working would never make you worse off, and people wouldn't feel obligated to take crappy jobs if the pay isn't there.

    We could also eliminate many other forms of welfare at the same time and just increase benefits accordingly.

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  • [–] 3 points 3 years ago (2 children)

    The only benefits that I think would have to stay, are those with "unlimited" downside, like healthcare.

    UBI can potentially replace specific benefits for housing or general living expenses, but it can't really replace healthcare.

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  • [–] 3 points 3 years ago

    Agreed, I certainly wouldn't touch Medicare or Medicaid. I'd also probably leave unemployment insurance as is, and this would kick in afterward.

    But I think it could replace Social Security, food assistance, housing assistance, etc. And I think we could fund it by lifting the income cap on Social Security, but I'd need to run the numbers to be sure.

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