RE: Elizabeth Warren out of race
March 11, 2020 at 8:02 am
(This post was last modified: March 11, 2020 at 8:34 am by onlinebiker.)
(March 11, 2020 at 7:07 am)The Grand Nudger Wrote: Cool story, I'm just pointing out that minimum wage earners will be on a hypothetical UBI, and it isn't really an option for employers to pay less than the minimum wage.
UBI isn't going to put walmart out of business. They'll just suck up their employees UBI, like they already do with their welfare. Anytime I hear people talk as though there are businesses out there surviving on a fraction of a percent, a fraction of a percent which would disappear if people had more money to spend....I can only conclude that they're shitty at business and deserve to be driven under the big blue heel. The costs of doing business are already factored into an employers calculations - and a UBI would be funded by those already accounted for costs.
For a brief moment, the poor will have money in their pockets, and then it will end up where it always does. That's really all that a UBI is, or would do. Personally, I think it's a shitty idea - mostly a way to continue justifying making people pay for food, and water, and shelter..rather than addressing the fact that having to pay for these things is the root of the problem - particularly in our alleged meritocracy.
See how easy it is to point out some actual defect of a UBI?
No fairy tale too it.
If you believe the fantasy of minimum wage (actually working) - you might as well believe in UBI as well.....
Flat Earth, Sasquatch and the Loch Ness monster as well....