A $500 monthly boost led to significant employment growth, enhanced savings, improved debt management, and better quality of life for diverse King County residents facing poverty. The Guaranteed Basic Income (GBI) Pilot, designed by the Workforce Development Council of Seattle-King County (WDC) and
He means reduce wages by $500/month to account for the existence of the program
It’s a valid question I think; I kind of suspect that it doesn’t work that way (that the outcome would be more similar to “wah nobody wants to work for $12/hr anymore” and no workers), but I don’t know enough to say for sure.
Businesses don’t change wages based on tax credits and they don’t give raises based on people’s needs. Did any business cut wages when everyone got any previous rax rebates like the one for covid?
This is such a stupid worry that is just rich people propaganda meant to make people thing that UBI won’t be a positive thing so people don’t push for it. Just like they don’t want single payer healthcare because then they couldn’t use insurance as a way to discourage people from switching to better jobs.
Well, they do reduce wages based on anything and everything that they can get away with. If they’re already getting away with paying people $10/hr or whatever, I think it’s easily plausible that they would realize they can now get away with paying them minimum wage. I don’t think it’s instantly rich people propaganda or a silly concern. Like for example, Wal-Mart among other places definitely pays less because they’ve factored in that people can go on government assistance and stay just barely above water even receiving drowning wages.
Like I say, I don’t think it’ll work out this way in practice (in fact I would expect that it would raise wages because it would reduce people’s desperation and give them options beyond just taking whatever they could find for as many hours as they can stay awake) and it seems on the limited test like it doesn’t. But it doesn’t strike me as automatically a weird question or anything.
They already raise prices without rising wages, because prices are not tied to income.
He means reduce wages by $500/month to account for the existence of the program
It’s a valid question I think; I kind of suspect that it doesn’t work that way (that the outcome would be more similar to “wah nobody wants to work for $12/hr anymore” and no workers), but I don’t know enough to say for sure.
Businesses don’t change wages based on tax credits and they don’t give raises based on people’s needs. Did any business cut wages when everyone got any previous rax rebates like the one for covid?
This is such a stupid worry that is just rich people propaganda meant to make people thing that UBI won’t be a positive thing so people don’t push for it. Just like they don’t want single payer healthcare because then they couldn’t use insurance as a way to discourage people from switching to better jobs.
Well, they do reduce wages based on anything and everything that they can get away with. If they’re already getting away with paying people $10/hr or whatever, I think it’s easily plausible that they would realize they can now get away with paying them minimum wage. I don’t think it’s instantly rich people propaganda or a silly concern. Like for example, Wal-Mart among other places definitely pays less because they’ve factored in that people can go on government assistance and stay just barely above water even receiving drowning wages.
Like I say, I don’t think it’ll work out this way in practice (in fact I would expect that it would raise wages because it would reduce people’s desperation and give them options beyond just taking whatever they could find for as many hours as they can stay awake) and it seems on the limited test like it doesn’t. But it doesn’t strike me as automatically a weird question or anything.