And that money could more easily be adjusted/reduced as my income grows which smooths the welfare cliff.
It’s important to note that UBI isn’t supposed to be a form of welfare. The idea is it’s a basic citizen right. It’s not means tested in any way so you should get it regardless of your income otherwise you’re disincentivised to increase your income (which is a problem a lot of benefits currently have), if I go to work for 8 hours a day and then come home and have the exact same or less money than I would have had on benefits then what’s the point? The government, mostly the conservative types, would like to classify that as lazy scrounging but it’s just economic savvy.
If I get UBI whatever then any extra money I earn is for luxuries, I can then spend that money and contribute to the economy rather than holding on to it in case the boiler decides to blow up all the car breaks down or something which is what most people are currently doing.
It’s important to note that UBI isn’t supposed to be a form of welfare. The idea is it’s a basic citizen right. It’s not means tested in any way so you should get it regardless of your income otherwise you’re disincentivised to increase your income (which is a problem a lot of benefits currently have), if I go to work for 8 hours a day and then come home and have the exact same or less money than I would have had on benefits then what’s the point? The government, mostly the conservative types, would like to classify that as lazy scrounging but it’s just economic savvy.
If I get UBI whatever then any extra money I earn is for luxuries, I can then spend that money and contribute to the economy rather than holding on to it in case the boiler decides to blow up all the car breaks down or something which is what most people are currently doing.
Everyone benefits when everyone benefits.