Comment

Comment by omilu

>>>Basic income guarantees you a monthly starting salary above the poverty line for the rest of your life

If the poverty line stayed constant, basic income is a no-brainer. But basic income makes the cost of goods rise. Demand for goods increases, but supply diminishes. Nobody will do the crap jobs without higher pay, raising the price of everything. Basic income is impossible.

parent omilu 9 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton