A natural basic income experiment began in the mid-1990s and how the kids — now in their 30s and 40s — are doing is incredible. As adults, they have fewer drug problems and their average IQ is higher. By age 26, the benefits of the UBI exceeded its cost by 3-to-1.
academicminute.org/2014/06/jane...
Rich investor: "So what you're saying is that if we don't spend money on them now, we can make money off of them through the alcohol production, healthcare, and prison industries later too, but if we do spend money they'll be smarter and more likely to call us out on our bullshit..?"
If you introduced UBI, you would finally have to introduce rock-solid controls on landlords and other rich people who would otherwise siphon this money away. Government doesn't want to do its job and protect its citizens.
It literally does not matter. Never forget: with conservatism, THE CRUELTY IS THE POINT. It does not matter what any data shows. They want others to suffer, above all else. That’s their only goal. The rest is rationalizing.
Are they just shitty people? It seems weird to me that people just love being mean. I know a lot of kids were like that, but I figured that people grow up and get to a place where they just run their own lives.
It's because the people they're mean to have been sorted into outgroups that they don't really consider human. Many of them are perfectly kind to anyone in their ingroup.
I could’ve told them this for free before I was even born. Its literal logical thinking, but this is long term thinking while we live in a society ruled by short term thinking (capitalism)
Republicans: "We need to try more and more trickle-down until it works."
(Narrator: "Trickle-down already works great for the few people it's supposed to work for.")
Please correct me, but is this one of the few longitudinal studies about the impact of UBI in socially disadvantaged groups? I've seen ones in the short ranges, but this is the first one I've seen that stretches over a two decade period. The results don't surprise me, wonder if they're more like it.
$4000 per person per year? Lol. That's all it takes for a 3 to 1 payoff? No conclusion left except that poverty is a feature, not a bug. Those in control WANT people to suffer. Period.
I don't know how anyone can begrudge this. We were all young adults once. We know it was a shitshow, and how much a jumpstart would have helped.
Support allows self investment, which means people developing careers, that fund families, pay into pensions, and pay taxes.
The thing is: YES! The more productive population grew their economies. For everyone. Even the wealthy. Business owners had access to more talent that was more productive. A lot of people made more, not least of which are the ones at the top.
Is this a research based on the U.S. or on U.S. anD other countries? I think that when a country has a well developped social welfare system, like Canada or Sweden the difference might be less?
I don't know statistics and I barely know the scientific method, but using using Indian tribal children as the experimental group isn't applicable to the population at large, is it? Doesn't one need a much larger random sampling across many demographics, psychographics, etc.?
