I agree. Many people will react exactly the opposite way and just quit working and doing anything useful. they might fall into depression and hopelessness.
Counter-intuitively it might make everyone more worse off and more demanding. They might then ask "why is my universal income only $1200", "why isn't it $2400?" so that I can afford this and that.
Once you think about it how does not scale up, why isn't the UBI 100K per year? you'll understand why it does not scale down either.
If everyone gets $1200, then new zero value will start at $1200.
Counter-intuitively it might make everyone more worse off and more demanding. They might then ask "why is my universal income only $1200", "why isn't it $2400?" so that I can afford this and that.
Once you think about it how does not scale up, why isn't the UBI 100K per year? you'll understand why it does not scale down either.
If everyone gets $1200, then new zero value will start at $1200.