Re:Policies that make the poor less poor
by notahacker on Monday June 21, 2021 @05:44AM
(#27577662)
> But the experiments that have been done support it.
They really, really don't. All the experiments on a small scale show is the trivial conclusion that if you give people some central government funds for a year or two, they tend to be slightly less poor at the end. None of them come remotely close to suggesting that people are so much more productive that they can cover the costs of UBI to people already out of the labour force by choice, never mind those that may choose to exit it in future.
They really, really don't. All the experiments on a small scale show is the trivial conclusion that if you give people some central government funds for a year or two, they tend to be slightly less poor at the end. None of them come remotely close to suggesting that people are so much more productive that they can cover the costs of UBI to people already out of the labour force by choice, never mind those that may choose to exit it in future.