UBI is back in the news, which means confused takes about UBI are back in the news. I said most of what I have to say in this thread:https://twitter.com/St_Rev/status/737895094460780544 …
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The point of UBI isn't to give everyone magical freebucks. It's forced by basic mathematics: making the low end of the income curve less perverse and abusive. This means _lowering_ the average benefit, but removing the strings that trap people at the same time.
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perhaps your single most important tweet; concur
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Yup. $16/hr+welfare ~= $36/hr-taxes. In between, total income plummets.
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.