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374

When you give people free money they tend to do.. nothing.

Archive: https://archive.today/xHCfH

From the post:

>Last year, I wrote about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years—a short-term test run of proposals for a universal basic income (UBI). The results were pretty much what common sense would predict: relative to a control group (paid $50 a month for their continued participation), the subsidized group worked somewhat less, devoted a bit more time to leisure activities, and spent more money on health care without seeing significantly improved health outcomes.

When you give people free money they tend to do.. nothing. Archive: https://archive.today/xHCfH From the post: >>Last year, I wrote about the OpenResearch Unconditional Income Study (ORUS), an experiment in which lower-income Americans were given $1,000 a month for three years—a short-term test run of proposals for a universal basic income (UBI). The results were pretty much what common sense would predict: relative to a control group (paid $50 a month for their continued participation), the subsidized group worked somewhat less, devoted a bit more time to leisure activities, and spent more money on health care without seeing significantly improved health outcomes.

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[–] • 1 pt

Prices of everything would overnight adjust. Things would still be "unaffordable" for people as the price keepers now know the mix/max they can charge. People like us that would keep working would suffer the most weather or not we had the USI (Universal Slavery Income) payments.

[–] • 1 pt

When people got their first covid checks I thought it was hilarious that WalMart all of a sudden had pallets of big screen TV's that gasp cost about what the "free check" from the government gave you.