i would look into Yang's proposed ways to pay for a UBI, like a VAT tax, and transaction tax.

I currently work for minimum wage, but I still want the minimum wage to be lower.

I lose A LOT of sleep over the fear I'll be laid off for a high minimum wage.

UBI is just impractical. The better way of dealing with automation is just to mandate the workers work less hours for the same pay

The Minimum wage doesn't really help that much

It just creates problems.

There’s too many people for UBI

UBI is helpful because it erases many financial concerns for people

A UBI for all americans becuase some people might lose their jobs due to automation is just impracticla

That would be great if it was possible, but there isn't that you can just apparate from thin air to make a UBI

It stops unemployment from preventing people from receiving the bare necessities

that is the main problem

Just abolish the minimum wage.
Boom. Automation isn't a problem.

You can't get the money to pay for it

We shouldn't try to stop automation though @psyxypher

I mean I think a minimum wage is a good idea so it gives people a certain baseline

the minimum wage hurts the economy anyways

We should encourage it and try to help the people it takes out of work @psyxypher

We're not trying to stop automation. We're just not subsidizing it by making hiring people impractical.

putting an arbitrary limit on what people can get paid is just not a good idea. it causes all kinds of issues in the long run

That's the issue with the minimum wage; it's a violation of our right to work for less than minimum wage.

because many of these things are interconnected when it comes to the economic structure

We should be aiming to reach a point where most of the
is automated and not many people need to work

I can't imagine that going well.

UBI would prevent mass unemployment from being a problem

so... Wall-E

To an extent

TEL wants WALL-E IRL

I want to reach Utopia

<:pepelaugh:544857300179877898>

It's possible and it is what we should be aiming for

I was more thinking of something involving bringing back old style gladiator games because there's so many bored people.

@The Electric Lizard Utopia is just dystopia.

when i was first researching a UBI, i found this study insightful. https://rooseveltinstitute.org/modeling-macroeconomic-effects-ubi/

@psyxypher ?

But those are contradictory terms

Hold up for a second.

Utopia isn't completely possible but we can take efforts to get closer to it

Would you mind if I got a video for reference?

Ensuring very few people have to work would be a stop towars it

@psyxypher Not reallu