California test results for Universal Basic Income

 https://www.theguardian.com/us-news/2021/mar/03/california-universal-basic-income-study

 

"After receiving $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and had “statistically significant improvements” in emotional health, according to a study released Wednesday.

The program was the nation’s highest-profile experiment in decades of universal basic income (UBI), an idea that gained national attention when it became a major part of Andrew Yang’s 2020 campaign for president."

 

* * * *

The fear has always been that a UBI would create lazy people, but that isn't what happens.

Comments

Popular posts from this blog

Is the United States going back to 1901?

Trump is "phoning it in" and is no longer an acting president