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Except that this is from 2019, and we just had a massive social experiment in which a pandemic caused us to give out a lot of money to a lot of struggling peopl
by Bud 4y ago
Except that this is from 2019, and we just had a massive social experiment in which a pandemic caused us to give out a lot of money to a lot of struggling people, and what we discovered was that it really helped out those people and gave a lot of folks just enough freedom to evaluate their circumstances and change jobs, or hold out for better jobs, and it also massively reduced poverty even though it was a far smaller investment than real UBI would be.
So, whatever, rando 2019 think-tank article. We have the receipts. It works.
- timbit42 4y agoIt wasn't really a UBI though. Also, it ended up causing some inflation so giving people money for nothing needs to be done more precisely to ensure only people who need it can get it, and only get how much they need. I'd prefer a negative income tax which incentivizes each person to work as much as they are able.