Earlier quoted context omitted.
Minimum wage here is $15/hour. If you make that you are below the poverty line. The poverty line here is $41,866/year. I work 6 days a week most weeks and make a bit above that and it's still a struggle sometimes affording bills and other expenses and I really don't live very extravagantly. So unless you're giving that out...you will be living in abject poverty with a ubi. I really think people who advocate for this…
If you have UBI, you don't need a high minimum wage. By getting rid of high minimum wages and of a host of heavy and intrusive labor regulations that keep marginal workers out of the market, structural unemployment can be expected to fall and earned-incomes at the low end to increase . You might be living in abject poverty if UBI was all you had , but that's not the point. It's a supplement to your existing income. B…
> heavy and intrusive labor regulations
I'm curious as to what you consider heavy and intrusive labour regulations? All of the regulations in the industry I work in are focused on worker health and safety. Without those regulations I would be working in dangerous hell hole breathing in toxic dust constantly, where I wouldn't be paid overtime wages, be legally eligible for breaks and my shifts could be whatever the fuck my boss wanted.
>but that's not the point. It's a supplement to your existing income.
Several other posts in this comment thread alone seem to disagree and believe it's a reasonable amount of money to live on.
>will provide minimum means not to fall into abject poverty
>actually do see it as solely sustainable, in the scenario I outlined.
There's also comments on here from people talking about how it will give them time for this that or the other.
Lets see, for me at least I would need to get $1200 every month just to cover rent and i've lived in the same place for 8 years now. Rent in that time has doubled around me to the point where a one bedroom apartment is $2400/month. My internet bill is just under $100/ month, phone bill is about half that, travelling to and from work is about $200 a month, groceries and expenses and such another $200 or so if not more. Leaving whatever I have left for saving and fun.
I'm just really trying to imagine what kind ubi could be given to anyone that would really make a difference.
I understand why people want this and I understand the wanting to believe people will take this money and be alright and use the extra time they will suddenly have to better their skills still feel ok when low skilled work becomes unavailable.
The reality will be something more along the lines of an underclass living in ghettos being unable to move up. As it is even the most unskilled work around requires expensive tickets and certifications. Hell apparently even burlesque dancers here can't get work without a ticket saying they went to burlesque school.
This is going to keep happening and the barrier of entry to things will keep being raised to the point where these people won't be able to enter the workforce even if they tried. Even i'm not doing what I went to school for because I can't afford the $15,000/year fee to register as a professional. So despite my education,degrees and my work experience, I don't get hired because I can't pay to have that little R.P. appended to my name.
Having extra time and a little bit of extra money means nothing when the fees for entry are beyond what you can put together without already working.
And i'm not even going to bother going on about the reality of what happens when you give poor unmotivated people free money...but maybe look into council estates and what happens there in the UK.