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Universal basic income to be tested in Wales

bbc.co.uk

141–150 of 337 posts

Re: Universal basic income to be tested in Wales

#141

Earlier quoted context omitted.

That's the point of the comment. The UK pays the price of UBI without getting the benefits of UBI.

Well, no. Only a small minority of people are on Universal Credit. I don’t get how this follows, at all.

Universal Credit is very far from universal, of course. It has some deliberate bugs, like a lag in payments that drives people to loan sharks.

Re: Universal basic income to be tested in Wales

#142

Interesting how political parties are for or against this pilot project before the results are known. What happened to gathering evidence first and then making up one's mind? There have been other projects in Canada, Finland,Kenya and the Netherlands, all with “positive” results. It is useful to ask what you are trying to achieve with an UBI? * lift people out of poverty? * save money on other social schemes, like pe…

> I am going to conduct my own personal UBI experiment starting February 2022. I will be gifted €1.000 per month for 48 months

This is interesting and I’m not sure what you mean. Are you picking a random person and giving them a thousand euros per month? Or are you spending a thousand among multiple people?

There are lots of charities with consistent donations from people (eg, effective altruism pledges) so I’m unclear what your experiment is or will show other than other patronages.

My employer has been running an experiment for a few years where every month they give me a few thousand.

Re: Universal basic income to be tested in Wales

#143

Earlier quoted context omitted.

The people who supported segregation mostly abandoned the Democratic Party decades ago because of the civil rights issue. It’s one of the prime reasons the south used to be solidly Democratic and is now solidly Republican. Neither party is the same as it was in the nineteenth century.

> The people who supported segregation mostly abandoned the Democratic Party decades ago because of the civil rights issue. Yup, that's what people like to tell themselves but much of it is wishful thinking. Look at how long people like Robert Byrd stayed around. Look at who actually supports, e.g. extreme NIMBY policies in urban areas to keep undesirable "demographics" out of the neighborhood, and "fights gentrifica…

Senators from West Virginia do not represent the mainstream Democrat views, so let's not cherry pick an example that ended over a decade ago. Instead, let's have a substantive conversation about policy. What specific policies are you referring to as NIMBY?

Re: Universal basic income to be tested in Wales

#144
post #12

Earlier quoted context omitted.

> Look at the difficulty the service industry has now hiring people It's easy to hire people, you just have to offer better wages. The issue is that they can't find anybody willing to work for the wage they are offering, which is very different from not being able to find people to hire. > it’s not like they are using this time to pursue productive hobbies Any studies on this?

> It's easy to hire people, you just have to offer better wages. There is nothing easy in just offering better wages, not least in industries where the bulk of the costs are wages and where productivity is often low.

Wages in America have actually been going down the last ten years due to inflation, while the number on the paycheck has stayed roughly the same for a huge segment of society.

Yet nothing was done about this because that's just the market for you, supply and demand, and you just gotta have two jobs if one doesn't pay enough to live. All while American industry has been booming.

But when the hurt happens on the industry instead? When circumstance means that they would have to pay more? That cannot be tolerated, no industry or business should ever have to be in economical turmoil because of shifting economical circumstances, that's only for the little people to deal with.

Re: Universal basic income to be tested in Wales

#145

Earlier quoted context omitted.

I replied with numbers to a different comment but to summarize a person making $30,000 per year was making the equivalent of $49,000 per year instead during the extra $600 per week. Now it is $300 per week only and someone making $30,000 is now still making about $33,000 per year, again without actually having to work or even look. If they do come back they refuse to work more than about 15 hours per week so they can…

I was looking for estimated numbers of people actually doing this. Your initial comment seemed to imply a very large number of people opting to remain on unemployment. I don't think that's true, given the current unemployment figures are near historical norms.

It’s true it’s getting easier as people see the deadline for the extra $300 unemployment to end in September and are getting worried but we’re still about double the unemployment pre pandemic. Plus with crazy amounts of government stimulus and low interest rates still pumping the economy, jobs are available and money is available. It’s not the best article but I did find below showing job openings are even higher than prepandemic levels while unemployment for some reason (because of the federal benefits I would say) is also higher. https://numbernomics.com/unemployment-vs-job-openings-2/

Re: Universal basic income to be tested in Wales

#146
Coronavirus, UBI, working from home, unbearable traffic, etc are all part of the same technocratic agenda. The world is being re-shaped and most people on this site can't see the wood for the trees. What we are moving into is total governmental control of every facet of our lives - it will be a fascist dictatorship run by google, amazon etc. You may think I am overstating the case, but it is all well planned - take a look at the nice words here: https://sdgs.un.org/2030agenda

The governors are not our friends, we are being lied to in order to agree to give up control of our natural born freedoms (to move, breath, control what we put into our bodies). It is the death of individuality, and the growth of the collective. Sad times.

Re: Universal basic income to be tested in Wales

#147

In practice the UK already pays the price for a universal basic income. Most poor people get some sort of tax credit and/or housing benefit. What we don't do is allow people to use it to rise out of poverty. A disabled lady thought saving some of her disability was the responsible thing to do, despite further impoverishing herself, once she built up some savings she was prosecuted for fraudently claiming benefits whi…

This is true, or arguably true, but we need to remember that real-life policies are never clean, blackboard examples. They're not going to just swap out social welfare and council housing for UBI. It'll be layered in somehow.

Hell... you can "sell" politicians on UBI, have them nod along, and expect them to come back with a proposal for a conditional UBI. They like your idea, it just needed to be optimized it so that only those who need it get it.

That doesn't mean I'm against this. I think it's a positive development, for the reason you outline and others... just mitigating expectations.

Re: Universal basic income to be tested in Wales

#148
post #93

Earlier quoted context omitted.

Well, no. Only a small minority of people are on Universal Credit. I don’t get how this follows, at all.

If you take out pensions(~100b gbp), the UK spends (very) approx. 100 billion pounds a year on social assistance. I think OP is suggesting taking that 100 billion and dividing it evenly among the people of the UK vs specifically to the folks who have applied.

Why not include pensions? Since your pension could be replaced by your basic income.

But if you do, it's about £3.5k a year each I think. Not a lot of money. Certainly not enough to live on for a basic standard of living in our society.

Re: Universal basic income to be tested in Wales

#149

Earlier quoted context omitted.

if a company is unable to pay people a wage with which they are able to live comfortably the company should not exist

Thank you for deciding for me how much should I work for.

sorry, code monkeys can take as little money as they want

everyone else can have livable wages

Re: Universal basic income to be tested in Wales

#150
post #121

Nobody has yet to explain the incentive for minimum paid workers to go to work once UBI payments becomes equal to a minimum paid job.

I don't see anyone one here talking about this. It is already happening with the furlough scheme. Isn't that the experiment already run already? If the furlough scheme meant (some) people don't want to go back to work because they are already earning enough to live comfortably whilst doing nothing, then why would we want UBI? Another problem is the risk of inflation. If everyone in the country has a certain amount of…

> If the furlough scheme meant (some) people don't want to go back to work because they are already earning enough to live comfortably whilst doing nothing, then why would we want UBI?

The situations are not the same. At all.

With the current setup, the options are 1) don't work and receive $x, or 2) work and receive $x.

With UBI, the options would be 1) don't work and receive $x, or 2) work and receive $2x.

Would some people rather not work and get $x than work and get $2x? Certainly. But not all of them would. Not even close.

I'm not necessarily advocating for UBI, but your presentation of the situation is not accurate.

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