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I think it may be a good idea, but as one commenter on theReg noted, it could lead to erosion of worker rights as if you get fired, well there's an income waiting anyway.
But it will still be peanuts, so unless it's done along with rent caps/social housing we might be worse off. Waiting to see what the data we are getting will tell us...
JWestland
^ it's all this kind of bollocks that makes a universal income look so attractive