Vice President of SEIU and President of SEIU Local 775 in Seattle
I happen to think universal basic income and a high minimum wage work well in combination to produce tighter labor markets, more consumer spending power, and if McDonald's want to lure you out of your rock band or off your couch to go and cook french fries, they ought to have to pay a premium for that.
Minister of Families, Children and Social Development in Canada
I think it’s the principles behind the idea [of a guaranteed income] that matter. These principles are greater simplicity for the government, greater transparency on the part of families and greater equity for everyone
Paul De Grauwe
Economist. Professor in European Political Economy at the London School of Economics
A universal basic income that has the ambition to ban poverty from the world, is then immensely expensive. That doesn’t need to surprise you. To give the poor (a minority in society) a basic income, you have to also provide a basic income to the large majority that doesn’t need it. This leads to new problems. The working majority receives a basic income that stands loose from labor efforts, bu...See More
Compte officiel de Thomas Piketty, chroniqueur @lemondefr, directeur d’études @EHESS_fr et @PS
I have difficulty in understanding those who insist on wishing to pay a basic income of 500 Euros per month to those earning a salary of 2000 Euros, and then deduct the same sum by raising their taxes deducted at source.
The reason they adore UBI isn’t to do with their commitment to lift a growing underclass out of poverty; that’s just a bedtime story that helps the super-wealthy sleep. Instead, it’s more to permit spending on their goods by what remains of the American middle class. No one on a stagnant wage can currently buy the things that Musk—and the rest of Silicon Valley—wants to sell them.