4 ms·
Sort of. I'd say it makes it more relevant to UBI implementations that restrict cash. UBI can be implemented in many different ways. In the end, people spend m
by 4ntonius8lock 7y ago
Sort of. I'd say it makes it more relevant to UBI implementations that restrict cash.
UBI can be implemented in many different ways. In the end, people spend most of their income on rent, food and transportation. So it makes sense that UBI will be spent on that.
The main thing is that this experiment is not UBI.
UBI is for everyone. That avoids the poverty trap that exists in america right now: people getting government money due to poverty fearing doing things that might get them some temporary private money, but that would then make them ineligible to continue getting government support. Many poor families are very careful to stay within the income that allows them to keep getting assistance. And that's not bad of them. It's the logical conclusion if the potential to maybe continue to make better money means they are definitively going to stop getting that which allows them to survive.