Denver experimented with giving people $1,000 a month. It reduced homelessness and increased full-time employment, a study found.
www.businessinsider.com
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.
  • darq
    1•2 years ago

    There is no horded wealth.

    This is just about the single stupidest thing I have ever read in my entire life.

    Well done. Good bye.

    • @trailing9@lemmy.ml
      1•2 years ago

      A sign that you may learn something.

      Jeff Bezos is rich but he cannot spend his wealth unless he is willing to give up control over Amazon. As long as he sticks to that power, his income is zero.

      Similarly, if you have money in securities, no money flows.

      So to finance UBI, the wages of the citizens are more important than the wealth of billionaires.

      Thanks for the debate.