$1000/mo is still poverty levels of income. It’s enough to live, but barely. The incentive to work is still there. If you don’t want to live in a shithole and you want to eat more than bread and water, you’ll still need to work a regular job.
If we give a basic income to everyone, you can also end a lot of the current welfare programs, or at least cut a ton of the administration costs.
Also, your proposal to give it only to 55+ year olds to free up jobs doesn’t make a whole lot of sense. What problem is this trying to solve? There seems to be enough jobs for everyone as it is. We are currently at the lowest unemployment rate in 54 years. Birth rates have also been declining, so in the next few decades we should have an abundance of jobs, and a labor shortage instead.
$1000/mo is still poverty levels of income. It’s enough to live, but barely. The incentive to work is still there. If you don’t want to live in a shithole and you want to eat more than bread and water, you’ll still need to work a regular job.
If we give a basic income to everyone, you can also end a lot of the current welfare programs, or at least cut a ton of the administration costs.
Also, your proposal to give it only to 55+ year olds to free up jobs doesn’t make a whole lot of sense. What problem is this trying to solve? There seems to be enough jobs for everyone as it is. We are currently at the lowest unemployment rate in 54 years. Birth rates have also been declining, so in the next few decades we should have an abundance of jobs, and a labor shortage instead.