Quote:
Originally Posted by Onramp
I wonder whether under UBI, market forces would cause the poverty line to become just under the amount that UBI is. So, if everyone received £86 per week, it would become impossible to survive on £86. Likewise, if everyone were given £250 per week, market forces would pick that up so that £250 per week then became just under the poverty line...
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The poverty line is worked out by taking into account only essential day to day living expenses eg an amount for only one bath or shower a week!
It could be set at any rate that any country desires, the poverty line idea is just my suggestion as a minimum to make it work.
As it stands, since David Cameron froze most benefits in 2010, many people are now living below the minimum that they need to live on eg a single healthy claimant is getting JSA of £73.10 per week, when uprating for the effects of inflation would have meant that they would be getting £86.01; a shortfall of £12.91.
In addition, they now have to pay between 20 and 30% towards their Council Tax and various amounts towards their housing costs.
The Government lied and said that the disabled would be protected from this, but the first £73.10 of their money has been frozen and some have also lost a further £30 a week if not in the Support Group.