The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.

  • jeffw@lemmy.world
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    2 months ago

    Which is one of the reasons I actually oppose UBI. Also, in practice, it will be used to replace SSI, not enhance it. At least in the USA, a better answer is fixing and expanding the SSI and Social Security system. People making 6 figures don’t need an extra $1k a month or whatever figure people want to suggest. But giving very poor people an extra $2k, moderately poor people $1k, etc. would be a bigger help. And the idea would be if you make $2 or $3 more dollars, you lose $1 in support

    Edit: it would have to taper more slowly, maybe $10 you lose $1. It’s funny to see the downvotes, I don’t often see Lemmy folks defending ideas from conservative economists like Friedman.