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EPISODE · Feb 16, 2021 · 12 MIN

$15/Hr vs. UBI

from The Triple Bottom Line · host Matt Hinds

There have been rumors that democrats may take up and push through the progressive $15 per hour minimum wage policy. Though I think it’s insane how low paying many workers wages are relative to their workload and the wealth of our nation, I can’t see the $15 minimum wage helping much by itself. Also it will disadvantage independent businesses, which simply do not have the cash on hand to pay $15 for all the work that needs to get done. Not to mention enforcement; nearly impossible to ensure all actually get paid $15/hr. Unless... we do a UBI. Collect wealth taxes federally and distribute directly to individuals. An amount that covers the basics. That way everyone has access to the American dream, and reach thier full potential to be a contributing member of thier community, instead of suffering in poverty, food and housing insecurity and lack of healthcare. And we have plenty of wealth in this country, pooling in a few locations and oozing into tax havens. UBI is a simple yet directly transformative policy. We should fight for a UBI instead of $15/hr

Episode metadata supplied by the publisher feed · Published Feb 16, 2021

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$15/Hr vs. UBI

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