LogFAQs > #931630025

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	We should slash the federal minimum and introduce Universal Basic Income.
IllegalAlien 12/15/19 5:47:51 PM #25:	OctilIery posted... The whole point of the federal minimum is to keep up with inflation and cost of living. With UBI, that's redundant. There's zero need for a minimum wage that high when UBI is already paying for cost of living, the point of this would be so that a job is strictly for supplemental income. Properly implemented UBI would be paying as much as that $15 an hour. Federal minimum wage has not kept up with either inflation or cost of living. Without federal minimum wage however expect corporations to pay, say $1 an hour. The market is always right after all... --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:931630025] in We should ... [t:78256735]...</cite> <quote>OctilIery posted... </cite> <quote>The whole point of the federal minimum is to keep up with inflation and cost of living. With UBI, that's redundant. There's zero need for a minimum wage that high when UBI is already paying for cost of living, the point of this would be so that a job is strictly for supplemental income. Properly implemented UBI would be paying as much as that $15 an hour.</quote>Federal minimum wage has not kept up with either inflation or cost of living. Without federal minimum wage however expect corporations to pay, say $1 an hour. The market is always right after all... --- "Never argue with an idiot, they drag you down to their level, then beat you with experience."</quote> ... Copied to Clipboard!
Topic List	Page List: 1