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re: 800 Compton residents to get guaranteed income in two-year pilot program
Posted on 10/21/20 at 8:09 am to tigerinthebueche
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
Posted on 10/21/20 at 8:23 am to Sneaky__Sally
quote:
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.
Yeah others have probably said it but it's been really obvious to me that a large part of the reason democrats have been ok with lockdowns+ government aid checks in response to covid is because they see it as a dry run for the UBI plans they hope to implement.
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