- A Seattle basic income pilot gave low-income residents $500 a month, nearly doubling employment rates.
- Some participants reported getting new housing, while others saw their employment incomes rise.
- Basic income pilots nationwide have seen noteworthy success, despite conservative opposition.
It would be good to know how this works on a larger scale. Like, everyone in a city or county having UBI and watching to see what society and the local economy as a whole does in response.
Removed by mod
Sure. Until landlords realize they can raise their rent without losing tenants. Or insurance companies. Or grocery distributors. I doubt this works without other laws and policies needing to go into effect beforehand.
That’s why UBI needs to be combined with common sense price ceilings. When you do that, it WILL work as intended.
Or just simultaneously. Here’s a snazzy name I had an LLM come up with for the bill name:
FAIR-CARE: Fair Allocation of Income Resources - Common-sense Affordable Regulation for Everyone
Sounds like we need to break some monopolies.
These are the unanswered questions. This example is 102 people out of an overall city population of 750,000. The biggest question about UBI has been “so what happens if you try to scale it to a significant portion of the population”, but no one has dared really try.
This was a joke comment, but I did a genuine one here https://lemmy.world/comment/9541394
Look at the stimulus checks and how they measurable gains up and down the economy and living conditions.
And measure that was temporary from the very beginning, yet still resulted in contributing to increases in the cost of living everywhere.
Check out Kenya, they have the largest and longest running experiment.