There is an argument to be made for job guarantee programs on the basis that they're cheaper, since you get some useful labor out of people who might otherwise be unemployed. But in my view that doesn't outweigh the disadvantages.
There is an argument to be made for job guarantee programs on the basis that they're cheaper, since you get some useful labor out of people who might otherwise be unemployed. But in my view that doesn't outweigh the disadvantages.
Although I don't see the problem of providing a combination of UBI and a Guaranteed Work program; with the UBI being a thing an GWP would have to offer actual progression and hope beyond just surviving.
Sometimes work is just work, and not everyone gets pride from "A job well done".
The primary problem, is that after 2008, instead of fixing the problem, the morons in leadership, bailed out the rich. They lowered interest rates so low, that it forced a bidding war on housing. Which drove up the cost of rent, which put some people on the streets.
For others, their rent became so high, relative to their income, that they cannot save any money.
Meanwhile, the rich kept buying more stocks. The corporate buybacks forced a scarcity issue in stocks, that it drove prices higher. Then, they cash out, and take that fake money, and spend it out on the real world.
So now, we live in a world where the rich are safe behind their walled gardens, and the poor are sacrificed as the essential workers. And Bezos is about to becomes the first Trillionaire.
This is why UBI is a lose-lose program. Either you are paying people to do nothing, or you are distorting the labor market by providing work product for free, displacing a paid worker.
It's a common misconception that there is a fixed amount of productive work to be done, such that immigrants / robots / UBI recipients "steal jobs" from workers.
In fact, when people are liberated from dull, meaningless and unnecessary jobs, they inevitably find more productive uses of their effort and creativity.
When people talk about "restarting the economy" they conveniently forget that the economy that provides food and shelter to people never stopped.
The fact that we can live pretty well without so many financial analysts, consultants and managers-of-managers shows that a very large share of the old economy was meaningless at best, and grift at worst.
Absent all that wasted commuting and office face-time, we can see more clearly the incredible surplus the core economy produces.
This is only true if they define what "productive" means. ...because they obviously aren't providing a product or service that anyone is willing to pay more for than their original employer - otherwise they could have made the switch without UBI.
Of course, I also think thatwe should give folks with a certified disability more than the basic UBI: Disability should not be a sentence to poverty.
That's supposed to be how UBI worked: a basic income that complemented other sources of income.
To put it differently, UBI is an income baseline.