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re: 800 Compton residents to get guaranteed income in two-year pilot program
Posted on 10/21/20 at 8:04 am to HogBalls
Posted on 10/21/20 at 8:04 am to HogBalls
quote:
which gave 125 residents $500 a month for 18 months
WTF is $500/month supposed to do? Is this their idea of upward mobility? Libtard, feel-good, policy that will have little to no positive impact on those it’s supposed to help.
2
Posted on 10/21/20 at 8:06 am to tigerinthebueche
quote:
WTF is $500/month supposed to do?
Well I'm not sure how much your car note is but that'd be a damn good boost to mine. I could upgrade
Posted on 10/21/20 at 8:09 am to tigerinthebueche
They are trying to provide data on what people use the money for as fuel against the "They are just going to use it for drugs and alcohol". But these small tests really don't provide useful data on the macro level impact of a UBI.
If someone takes their extra money and blows it all at the bar every month - that is fine from the macro intent as you want people to spend the money so it circulates in the economy.
If someone takes their extra money and blows it all at the bar every month - that is fine from the macro intent as you want people to spend the money so it circulates in the economy.
This post was edited on 10/21/20 at 8:10 am
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