this post was submitted on 13 Feb 2025
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While you're not wrong, it's not a terrible idea to work on morphing welfare into UBI over time, rather than a sudden UBI implementation. Of course, that comes with the risk of it never fully morphing to UBI, or people resisting it because they haven't yet been included.
Bah. UBI is just
... Rolled into one. You get a stipend based on criteria and it's one cheque and, yeah.
Tell me why that's wrong because I really need to know the issue with that.
No criteria. Everyone gets the same exact stipend, whether they have 0$ to their name or 1 billion dollars. Its not necessary for UBI to not have criteria, but it should, because:
I’m ok with that if the billionaires contribute to the fund in proportion to their “paper wealth” not just available funds on hand.
If you’re worth 5 billion on paper (including stock options, real estate holdings, etc.) you should be contributing to the fund based on that value, not whatever cash you have on hand without selling any stocks, etc.
It also means basic which would preclude living in the most expensive areas of the country. It might mean just enough for shared accommodations and eating a lot of soup in North Ontario while helping to give the black flies a meal supplement.
The idea of the final goal of UBI is that everyone gets the same basic income, whereas those other options cover specific issues folks might be in. Additionally, that UBI is intended to give you a good living. Like, eventually replace min wage/living wage with UBI.
I think you still need a minimum wage, probably something in the range of 1/1800th of what the UBI is. Otherwise we end up with UBI essentially subsidizing businesses that would get away with paying arbitrarily low wages. Then you just scale up regular income taxes so people can still see a significant benefit from working those minimum wage jobs compared to the current system where benefits can get clawed back so hard that the difference between working full time min wage and being on benefits is negligible.