If UBI is done right, no one will need to work to survive, so they can just quit that exploitative job.
Correct. In fact, this applies wage pressure upward because employees no longer feel the necessity to stick with a shit-paying job.
So I'm curious, and this is a legitimate concern of mine, but what happens when corporations (and the local mom and pop) raise prices, because you can now afford to pay them more? Should there be a limit enforced by the government to have a freeze on the price of goods? Wouldn't it be equally effective to skip the UBI and just do the freeze?
In line with the freeze on the price of goods, wouldn't it be beneficial for the government to demand lower medical costs as well, since the exact same medical and pharmacy companies are selling their stuff in other countries for cheaper than in the US?
If UBI is done right, no one will need to work to survive, so they can just quit that exploitative job.
Correct. In fact, this applies wage pressure upward because employees no longer feel the necessity to stick with a shit-paying job.
So I'm curious, and this is a legitimate concern of mine, but what happens when corporations (and the local mom and pop) raise prices, because you can now afford to pay them more? Should there be a limit enforced by the government to have a freeze on the price of goods? Wouldn't it be equally effective to skip the UBI and just do the freeze?
In line with the freeze on the price of goods, wouldn't it be beneficial for the government to demand lower medical costs as well, since the exact same medical and pharmacy companies are selling their stuff in other countries for cheaper than in the US?