So I don't think a UBI should be anywhere near $1,200 a month.
But one of the features of a UBI is it causes people to drop out of the labor market. Especially for shitty low end unskilled labor jobs. And this is great because the reduction in supply will drive up labor rates and help inequality in a far more natural way than a minimum wage.
But one of the features of a UBI is it causes people to drop out of the labor market. Especially for shitty low end unskilled labor jobs. And this is great because the reduction in supply will drive up labor rates and help inequality in a far more natural way than a minimum wage.