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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by jimbob45 on Thursday May 21, 2020 @02:20PM (#23262594)
Were the US Coronavirus payouts not a small-scale test of UBI in themselves?
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by wonderwonder on Thursday May 21, 2020 @02:34PM (#23262829)
Not really, the central premise of UBI is that its recurring allowing you to plan for and adapt to the income. This was just a bandaid for a financial disaster.

What is interesting about the payouts is that we magically made the money for them while also magically making the money for a ton of other stuff. Obviously the scale of one time vs recurring is vastly different but I feel like this does go a ways towards proving its possible.

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by eplanit on Thursday May 21, 2020 @09:00PM (#23267603)
True that it was a band-aid, but the Magic was a massive increase in the national debt[1]. Be careful wishing for any more.

[1] https://www.usatoday.com/in-depth/news/2020/05/08/national-d...

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by tomjakubowski on Thursday May 21, 2020 @02:25PM (#23262667)
No more so than the 2008 stimulus checks. Both programs were non-universal and under both the number of dollars sent to eligible recipients depended on their incomes.
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by jimbob45 on Thursday May 21, 2020 @02:47PM (#23263076)
Oh maybe I'm mistaken. I was under the impression that the COVID payouts were universal.
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by karatestomp on Thursday May 21, 2020 @03:48PM (#23264048)
The cutoffs before payments started to taper off—not even get cut off entirely yet, but drop—were pretty damn high. Much higher than I expected when they started talking about it. Not by SV or NY professional-class wage earner standards, but very high for normal people. It wasn't universal but it wasn't too far off, either.