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.
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?
None of those benefits came close to the cost of the program
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.
once initiated productively decreased. Likely would have even decreased further but people knew the free money would eventually end.
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).
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?
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.