It is a simple economic fact that the amount of income at which the universal basic income is set will effectively become the new zero.
Yes, that is the mechanism by which the “universal basic income” becomes the new zero income.
Revelations 6:6
This is, I believe, a movement to put blue collar workers back in their place. And by their place, I mean where arrogant academics think they belong. I sat at a dinner with young faculty who were espousing a government supported universal basic income with ‘incentivized’ pay according to academic accomplishments. I glared, rolled my eyes and left. Such ignorance, and this system already has a name, and has been a failure many times.