4 ms·
I'm not sure why we even need a trial. It will be a resounding success and the guaranteed income and MMT crowds will point to this study as "proof" that guaran
by tenpies 4y ago
I'm not sure why we even need a trial.
It will be a resounding success and the guaranteed income and MMT crowds will point to this study as "proof" that guaranteed income does not cause economy-destroying inflation, always ignoring that it only gave money to 300 people in a city of nearly 4 million.
There, I just saved the city of LA $10,800,000 plus several more millions in bureaucrats.
- lotsofpulp 4y agoIncreased marginal income/sales tax rates would be how economy-destroying inflation is reduced.
- iLoveOncall 4y agoI don't have sources on hand but iirc, previous trials of the sort have actually been failures. And I'm not talking about the inflation it would obviously cause, but just the social impact. Basically there is usually no improvement in the situation of anyone, and just more people that decide to do nothing.
- Matumio 4y agoIf you measure "amount of paid work done" then most (not sure if all) experiments were failures. If you also count unpaid work, education and health benefits[1] then things get interesting. [1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7208547/ https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7208547/
- deleted 4y ago[deleted]