Björn Friðgeir: I know that union economists are extremely wary. I personally am (centist (for Europe) economist. A proper UBI would be a huge part of the economy, and require a complete rethink of taxes. And it may be required soon But this example shows: Help people who need help.

Denver gave people experiencing homelessness $1,000 a month. Results showed that close to half of the participants secured housing, and nearly $600K saved in public service costs due to fewer ER visits & jail stays. They also saw improved mental health.

Denver gave people experiencing homelessness $1,000 a month. A year later, nearly half of participants had housing.www.yahoo.com Participants in Denver's basic income program received up to $1,000 a month. They became more housing secure and landed full-time jobs.

Weird how that keeps happening. After this many trials if UBI was a drug it would already be marketed.

Point: here in a civilised country just about the lowest benefits you get from the government is $2,000. Unemployment, disability etc. They can get higher. The UBI idea is that it replaces All Other Benefits. And it is easy to see why it needs to be way higher than $1,000 1/2

I know that union economists are extremely wary. I personally am (centist (for Europe) economist. A proper UBI would be a huge part of the economy, and require a complete rethink of taxes. And it may be required soon But this example shows: Help people who need help.

oh and I looked it up "The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure " $12,000 per person per year = $4,000 billion. So that would involve a 40% increase in total government expenditure. That's not insignificant.

the fact that OP is specifically talking about homelessness and the figure suggested would barely if at all cover most people's rent needs thinking about.

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