UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
Which is in line with most other UBI experiments. How many more experiments do we need until politicians just acknowledge that this is good policy and we need to start implementing it?
Part of it comes from removing existing social support schemes that UBI supplants. Not only can you reallocate those funds, the simplified ruleset should also reduce bureaucratic overhead, which can also go towards funding UBI.
Will that cover all of the additional expenses? Probably not. But it’s a start, at least.
Which is in line with most other UBI experiments. How many more experiments do we need until politicians just acknowledge that this is good policy and we need to start implementing it?
I’m not against it, but where would the money come from?
Part of it comes from removing existing social support schemes that UBI supplants. Not only can you reallocate those funds, the simplified ruleset should also reduce bureaucratic overhead, which can also go towards funding UBI.
Will that cover all of the additional expenses? Probably not. But it’s a start, at least.