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UBI Cash Payments Reduced Homelessness, Increased Employment in Denver
(www.businessinsider.com)
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It was 2500 families and encompassed about 10000 pretty much the whole town in some way and was over 4 years. The place was picked because at that time it was bit remote and somewhat isolated on that external forces would have minimal effect. It was determined the cost economically was far higher than the returns. Productivity did fall which was huge in that if this was instituted over a whole country and the result is less productivity, there is absolutely zero way to pay for it. The main take from the initial 4 year study was productively fell less than predicted but it certainly made live easier for the people getting it.
This was likely the biggest study ever done and the most controlled IMO. It did improve people's health who recieved this money but that was at the expense of the rest of the country paying for it basically all thing being equal, they would get less health care.
Ubi also is payment to everyone. In these examples it is just payment to low or no income people. That is not ubi but simply welfare. Something that is not a bad thing to provide if there is excessive resources to do so.
Not quite.
This study involved using one small town, Dauphin, as a a test for what happens when everyone in the population qualifies for the basic income. The study ran out of money long before the researchers originally thought it would, and the majority of the data wasn't analyzed until relatively recently.
New mothers and teenagers weren't required to spend as much time working
Highschool graduation rates went up
And hospitalization rates went down. There were other effects, like small businesses opening during the period of MINCOME and shutting down after, a possible decline in women under 25 having children, but none of this was evaluated for whether it was worth the money or not.
None of those benefits came close to the cost of the program. They ran it for 4 years and the budget yes ran out of money. Could have ran forever because the rest of the country was paying for it but once initiated productively decreased. Likely would have even decreased further but people knew the free money would eventually end.
How do you pay for a program when the local area taxes don't cover it particularly when the tax income actually decreases once instituted?
How do you measure the cost-to-benefit of longer maternity leave? Or higher high school graduation rates? Not everything the government does needs to directly make a profit. Just look at roads for an obvious example of that.
There was only about a 13% decrease in hours worked for the entire family on average, and most of that was women going back to work after a pregnancy later and teenagers not working (probably so they could keep going to school).
It's not about Canada, but you can always find a way to pay for things if you really want to, even if they're objectively bad for tax income.
You can always find a way for things. Lol. Ya if there is a god or there materializing it for you.