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Old Yesterday, 10:18 AM
 
Location: On a Long Island in NY
7,794 posts, read 8,889,834 times
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Quote:
Originally Posted by Eeko156 View Post
Then they were making too little to start with.

I would only consider it a "moral hazard" if corporations were not receiving funds.

The moral hazard is that 40% of our workforce doesn't make a living wage.
^^^ this

That worker's are making more on unemployment than from working is a big hint that wages need to be increased or a UBI introduced to provide a guaranteed stream of income to compensate for the lower wages.
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Old Yesterday, 03:50 PM
 
80,167 posts, read 78,518,791 times
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Quote:
Originally Posted by WIHS2006 View Post
^^^ this

That worker's are making more on unemployment than from working is a big hint that wages need to be increased or a UBI introduced to provide a guaranteed stream of income to compensate for the lower wages.
That’s not what it means at all ...the unemployment is to high because the fed decided to base it on bringing some one UP TO a working wage , who Wasn’t working.....
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Old Yesterday, 05:58 PM
 
Location: Wartrace,TN
6,200 posts, read 9,702,447 times
Reputation: 12199
Quote:
Originally Posted by WIHS2006 View Post
^^^ this

That worker's are making more on unemployment than from working is a big hint that wages need to be increased or a UBI introduced to provide a guaranteed stream of income to compensate for the lower wages.
The labor market is just an auction. People will fill jobs at a wage they deem adequate for their skills. If the person decides it is too low they will pass on the job and others will fill it in time. If an employer receives too few qualified applicants they will raise the offer until an adequate employee agrees to fill the offer.

Tell me why this is unjust. You do it every time you decide on a grocery item or service provider.

UBI? Is it inconceivable to you that if this scheme is implemented prices will rise to meet the UBI threshold making people trying to live on it no better than before? Do you really believe increasing demand (ability to pay more) will not change price?
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