This strikes me as such an out-of-touch idea right now.
Maybe in the distant future we do not need people to work. But we are currently dealing with the largest retiree population our country has ever had, and more money chasing after fewer goods and services nearly crippled our economy with stagflation. It takes two weeks to get a plumber right now in our area.
If you also hope to implement UBI nationwide, you need some expectation that it pays for itself with productivity gains. Otherwise it will all get inflated away into nothing.
It would also be nice if people could stay longer in the work force. The way I read the results, recipients had more access to health care, abused substances less and had more time to recover after work.
Having an hour less in the work week should be balanced against being productive for longer.
Maybe in the distant future we do not need people to work. But we are currently dealing with the largest retiree population our country has ever had, and more money chasing after fewer goods and services nearly crippled our economy with stagflation. It takes two weeks to get a plumber right now in our area.
If you also hope to implement UBI nationwide, you need some expectation that it pays for itself with productivity gains. Otherwise it will all get inflated away into nothing.