One part of UBI I still don't understand and have a hard time finding an answer for:
If everyone gets a basic level of income no matter what, won't the base level just be pushed up higher? So instead of a flat costing for instance $500 a month, it will cost $1000 month because everyone can afford the $500 flat.
I can't see a scenario where a government doesn't have to increase the UBI every year.
If everyone gets a basic level of income no matter what, won't the base level just be pushed up higher? So instead of a flat costing for instance $500 a month, it will cost $1000 month because everyone can afford the $500 flat.
I can't see a scenario where a government doesn't have to increase the UBI every year.