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Metropolitan DC Local Politics
Reply to ""Guaranteed Income" program in Montgomery County"
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[quote=Anonymous][quote=Anonymous]The problem with giving people free money and letting them work, is that businesses will simply not increase wages. This puts pressure on businesses to *lower* wages. Lowering wages means that people have less money to tax. Where does the free money come from? Taxes?[/quote] Kind of the opposite. Giving people free money allows people the breathing room to look for better jobs. Multiple pilot studies have shown that people who receive these subsidies do better at landing higher paying jobs. They don’t have to jump on the first offer they come across, and they have more flexibility to drop that second shift/job to look and interview for better work.[/quote]
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