Thursday, March 4, 2021

California test results for Universal Basic Income


"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.

No comments: