Minimum wage would need to increase massively or youd see most on minimum wage just stop working imo
SARS CoV-2 coronavirus / Covid-19 (No tin foil hat silliness please)
- Thread starter Don't Kill Bill
- Start date
So wouldn't the price of everything just go up and then everyone is knackered again anyway and we are back to square one?
those on the basic income whinging it's not enough for their iPhone contracts, their sky TV, and their lavish lifestyles?And Sunak says how their approach is the best approach...
There is going to be a heavier knock on effect for the economy from his schemes because some businesses and people can't access the help they need now.
Wait are you under the impression that most on minimum wage are adverse to an increased monthly income?
I dont see why someone would work 30 hours a week for an extra couple of hundred pound a month.So wouldn't the price of everything just go up and then everyone is knackered again anyway and we are back to square one?
Unless the idea is workers get ubi on top of their salary?
I read an article that stated people that earn money would repay ubi through their monthly tax so i was under the impression that you only end up with ubi if you dont earn?
dont believe any country has introduced it
finland did a trial i think in 2017 for 2000 people - the government decided not to expend it or fund it further
So basically the same as it works now in the UK? The workers pay taxes which are used for the dole or whatever it's called these days?
Is there an ELI5 explanation of universal basic income?
Is it simply - everyone gets cash of say £1500 per month and then people can work to get anything above the UBI? I assume it’s funded via a lowering of tax thresholds or increases to tax rates for those that choose to work?
Is it simply - everyone gets cash of say £1500 per month and then people can work to get anything above the UBI? I assume it’s funded via a lowering of tax thresholds or increases to tax rates for those that choose to work?
Im not sure how it would work in practice, i know nothing about it.
That post came across as a statement but it was more a question tbh..
It not something I've ever took the time to read because i dont think itl ever happen in the uk unless labour got in
So those that work for say minimum wage will be working for v.little?
Thats why i thought when i read about it (1 article) that a lot of people on min wage could or would just pack it in.
I couldn't imagine it being anywhere near 1500 either even though i know thats just a total random figure youve used
That's certainly not the standard idea that's just a bizzare concept. It's a no strings attached deal whether you work or not and whatever the means. The idea is it provides a better safety net for all but also reduces administrative burden.
It's also typically not proposed at a level where you'd want to live on it alone either.
Ive obviously mis read the article then, but surely workers have to pay for it through tax though?
yeah I plucked that figure out of nowhere.
I wouldn’t see minimum wage as next to nothing as assume it’d still be £9 an hour with little tax, with tax rates for those currently at 40% increasing so closer to 50%
There is a lot of different variations because it is fundamentally conceptual so you may not have misread it or the author was just using a variation to make a political point.
That said it inevitably ends up paid for by taxation but the left's version sees that tax burden being progressive and not paid for by minimum wage folk out of the tax band anyway.
I'd be happy to do it for John the out of work plumber, James the out of work shop assistant, and Jennie the out of work technician. I'd be happy to do it for Jill who has mobility issues or Jack who struggles with depression.
I'd be less than happy to do it for Pete the lazy Jakey bastard who only goes to the Job Center because his dealer lives around the corner, and spends his days sitting on his fat arse eating convenience store hot dogs and drinking White Lightning outside on the streets at 4am to wake up everyone on the street. feck Pete. Can we prevent him from getting the money, because in that case I'm on board with the plan.
I'd be less than happy to do it for Pete the lazy Jakey bastard who only goes to the Job Center because his dealer lives around the corner, and spends his days sitting on his fat arse eating convenience store hot dogs and drinking White Lightning outside on the streets at 4am to wake up everyone on the street. feck Pete. Can we prevent him from getting the money, because in that case I'm on board with the plan.
Thanks. Taiwan was interesting, almost normal most of the time and they have gotten this under total control.
Sorry. Tony Blair honest? One of the biggest war crimes committed in our time by a British PM. The lying to the public on the false narrative of the WMDs.
J philias and P phobias
Its easy. If you you are an employee and don't find a worker for the minimum wage because of that reason, you will need to increase the compensation to make them move their ass to work
One of the ideas is to get rid of jobs that aren’t needed to be done by humans. Also you’d still get UBI if you worked so you’d be working for extra money, there’d be incentive. There’d just be no incentive to do terrible job for poor income for survival.
Which then ups the costs or production, which then ups the costs of the end price of product, which then makes consumer pay more for said product, so then basic income wont be sufficient anymore.
It's the same with upping minimum wage as it is now, it's just a big circle
Well done us.
And where does this basic income money come from?
What he did or didn't do and what his politics were or are is irrelevant you plonker. I was clearly talking about how he came across as a speaker.
Didn't you say honest and reasonable? How can you say he is honest when he took the country into an illegal war knowing that he lied to the Parliament you idiot?
Taxes. It’s tricky because you’d need to tax people a lot more than now, removing some incentive to work. Corporate tax would need to increase substantially and you’d need to find a way for corporate to pay it in the first place, as they’d probably see their profit growth in the mid term and definitely in the long term. You need stable and growing economy to implement it though and we won’t have that anytime soon, anywhere in the world.
How many still waiting on results though? I read today that Mary-Lou McDonald was tested on 27th March, and received her (positive) result yesterday.
What about Jake The Snake Roberts?
Which then ups the costs or production, which then ups the costs of the end price of product, which then makes consumer pay more for said product, so then basic income wont be sufficient anymore.
It's the same with upping minimum wage as it is now, it's just a big circle
Is partially true. The increase in salary dilutes so your earnings for an increase of Minimum wage is bigger than the increase on inflation. But of course, increase on a minimum wage and the universal income should be a redistribution policy that should come increasing taxes to the top 10%
The claim that increasing the minimum wage is harmful for the companies and the economy and that it has no effect long term is a lie being told for ages by the top 10%...as always
A lot of people getting far too worked up about delayed test results in Ireland, if you ask me. Someone like Mary Lou being a good example. The result didn’t influence her outcome or management at all. She had to self isolate and sit it out regardless. Quick results only important for the very unwell and for HCWs, who have been bumped to top of the queue for a reason. For the Mary Lous out there, the result is only useful for the bigger picture, so no big deal if they’re delayed for a week or two. ICU and admissions data are probably more useful than number of cases in the phase we’re in now anyway.
Once we get through this lockdown and if we can get back to a containment strategy we’ll need prompt test results for everyone, to do rapid contact tracing and quarantining. We’re a way off that right now. I’m just pleased that we’re already able to test so many people every day. Sets us up well for the next phase.
I’d have thought it would be important in terms of notifying anybody she’s been in close contact with to self-isolate too? Or does that happen with anyone who gets tested?
You're not the brightest. Read it again:
'He has a way of phrasing things so he seems both honest and reasonable, reminds me of Blair in that respect.'
I didn't say he was honest and reasonable did I. Do you get the difference? No, probably not.
Cool, what are your degrees in?All this talk about how people my age having it good/bad and I'm sitting here with two degrees but still renting, good local government private pension but shite British pension, Hagen daas ice cream in the freezer but no butter in the fridge. Meanwhile my parents have their own homes paid off and strong pensions but ill health and bugger all to do to pass the time.
And while all this is going on some billionaires are rubbing their hands together and whispering "good...good....hate each other...." as they steal anything that isn't nailed down. Like all the fecking Freddos
Let's just all agree that everyone will be affected by this for the worse except a small few and unless we all come together and put our differences aside there will be no more Freddos left formeus.
That’s what we need to do in a containment phase. Identify every case and trace all their contacts. But we’re not even trying to test every case right now. Just a subset of them that fulfil certain criteria. Been that way for a couple of weeks now. We’ve had to prioritise testing for some groups over others (albeit still a much more extensive testing program than our neighbours across the pond)
Seeing as we’ve ramped up testing as much as we have done, combined with doing a great job at flattening the curve, the whole contact tracing thing might become more central to our strategy again. We’re not there yet though.
Maybe im wrong but we have such a huge city in comparison to our size that its easier to pad stats like these with a solid focus on Dublin?
Id imagine England would have similar stats if it were just London and the sticks.
Again, im probably wrong.
As far as the UK goes we're not even testing the terminally ill in care homes, much less the staff going in and out of them, despite Rishi's comments about testing today.
The opposite. There have been a handful of trials but theyve all failed.
It wont work because it will gut the lower end employment and push the prices of everything up. It's something that might work in the future when basic jobs can be automated.