Minimum wages and universal basic income

[danbrotherston]

Honestly, I’d rather just institute a guaranteed annual income. The fundamental problem here is that the free market promise of willing buyers and sellers doesn’t work when you have a large population of people who absolutely need their job in order to survive — it is difficult or impossible for them to leave a job because of bad working conditions. If there was a guaranteed annual income, these people would be much more able to leave and would therefore have more bargaining power.

Sure, yes, there would be significant advantages to that. But any kind of universal guaranteed income would be a much, much, much bigger change and far more challenging to get approved (and funded).

Increasing the pay of LTC staff is something that Ford could easily implement, especially given the LTC issues we have been seeing now.

Could he? They're private as far as I understand, so it's also a pretty big change to require private employers to pay more, or have different standards.

That being said, UBI is already being implemented in other countries....now is the time for radical change.