Killer Arguments Against Citizen's Income, Not (27)

From The Independent:

51 per cent of the public also support a universal basic income, "where the government makes sure everyone has an income, without a means test or requirement to work". Just 24 per cent are unsupportive of the idea, with 9 per cent saying they do not know how they feel.

The idea a basic income has been backed by dozens of MPs from across the political spectrum as a solution to workers falling through the cracks of the current government support scheme - including the self-employed. Former work and pensions secretary Iain Duncan Smith has however criticised the idea, suggesting it would be a disincentive to work during the crisis (1) and would be badly targeted (2).

Christ on a crutch.

1) The whole point of the lock down is to disincentivise people from working! If you are furloughed, you are forbidden to do work for your employer. (Note: I got talking to a builder recently who is on furlough from a large construction project; he's now working part time for his dad instead. Good for him). The majority of adults are still in paid work; receiving a state pension; or are already on some state benefit or other. They clearly wouldn't get anything extra.

2) Compare the UBI with the Furlough Scheme, which his own government introduced. The cost to the taxpayer of a furloughed worker on an average wage is £1,260 per month - the more that person was earning beforehand, the more they get now - a kind of negative means-testing. Means-testing is bad enough, but negative means-testing is worse. That's really badly targeted. A sensible UBI would be in the region of £300 - £400 per month, just enough to live off, assuming there is a rent/mortgage freeze, i.e. very well targeted. It does the job at minimum cost.