Do you think the proposed UBI "Freedom Dividend" will lower labor motivations?
- RayLv 69 months agoFavorite Answer
Yes, it will lower labor motivation by giving millions of people welfare, and it will also hurt the job market since its horrendously high cost can only be paid by raising taxes.
Yang plans to hike taxes on large companies that can afford to leave, this will lead to massive unemployment and more people dependent on UBI.
It is an expansion of handouts to now not only the poor but to every America. It is an attempt to make Americans become dependent on government, and in the same time push private innovative jobs out of the USA market.
- ZirpLv 79 months ago
Questions about the answerer are not allowed on Y!A
I have no idea who calls it "freedom dividend".
Advocates of the UBI are not talking 2000-3000 dollars a month. If you want luxuries you will still have to work.
What the UBI does do is give the unemployed a financial incentive to get a part-time job, as opposed to the current system that will often punish them for it.
- OiyLv 69 months ago
No, the universal basic income concept is actually a try to help the looser. No looser on the street, the good guys would be motivated at work. But it won't work in Finland and Italy because the government has turned to become a looser instead.
- Anonymous9 months ago
No. The UBI will ensure that everyone is given a chance at success.