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A comment on Jack Dorsey is giving Andrew Yang $5M to build the case for a basic income. Parent comment

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by gamegoblin on Thursday May 21, 2020 @02:20PM (#23262595)
I believe what OP is getting at is you need a significant portion of a community to be receiving UBI to truly transform the local economy.

To use an example the Yang often uses: It may not be economically viable to set up a bakery in some small dying town. But if everyone in that town were receiving UBI, it might become viable, due to a change in the town's spending habits.

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Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by burrows on Thursday May 21, 2020 @04:15PM (#23264454)
> But if everyone in that town were receiving UBI, it might become viable, due to a change in the town's spending habits.

The change being that everyone is now spending money earned by someone else.

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