>Lay-offs seem inevitable and you are right most people have no safety net.

Not only that, looking at post crisis, all the Wages Gain that happened ( or not, with respect to inflation ) are going to reset, at a time where All developed countries have the highest inequalities and lowest working class will be struggling ever more.

And I have repeatedly pointing out, no UBI, Negative Income Tax will have any impact or changes without fixing first and foremost the most important issues; Housing.