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If your chief concern is about rising prices, I suggest reading this one next to really get into the weeds on that one: https://medium.com/basic-income/wouldnt-unconditional-basic-...

As for comparisons with welfare, it's the strings that are the problem with welfare. Think about it. If you are receiving $12,000 in welfare and get a job earning $20,000 you are likely to have a new total of around $20,000. That's because welfare gets pulled away with paid work.

With a $12,000 UBI however, getting a job earning $20,000 would leave you with a new total of $32,000. See the difference? With UBI there is more incentive to work because it's not pulled away with work. UBI doesn't punish you for working. Welfare does.

Do you understand?




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