re: Austin becomes the first Texas city to experiment with ‘guaranteed income’

quote:

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city will send monthly checks of $1,000 to 85 needy households

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Feel bad for the 86th needy household

all this will do when rolled out bigly (all over) is undercut those who are earnestly working to earn money at the lower, rising, and middle income levels. every single time i have seen people scream for minimum wage increases i have said prices will go up...and by golly they do. it will, also, make it incredibly hard for lower/younger earners to compete with people receiving the subsidy.... just think, half or three quarters of the population gets a subsidy and a certain group does not.... how would the group be selected... probably based on compliance measures of some sort, measured by something like a social credit system.