Similar experiments in Vancouver: https://www.theguardian.com/world/2023/aug/30/canada-study-homeless-money-spending
Ontario: https://www.cbc.ca/news/canada/hamilton/basic-income-mcmaster-report-1.5485729
Turns out, socialism ain’t that bad eh?
That isnt socialism, the proletariat doesn’t control the means of production.
I think you are confusing socialism with communism.
Are you in a political organization that is explicitly socialist? Have you read any literature by any notable socialist author?
I know the answer to both is no. Because I know you’re confusing yourself as someone who is informed about what socialism and communism are.
UBI is socialism? Without any price caps on goods and services it just gives capitalists another excuse to raise prices.
You read the first study? The money was not given to those that has substance abuse, mental health symptoms or alcohol abuse because they felt they represented a small portion of the homeless. Was given to people that were sleeping in friends house and some in cars and didn’t abuse alcohol or drugs. That is a joke of an experiment and in no ready ubi. Not does it indicate on any meaningful way how it is paid for as it doesn’t include everyone.
The second study found only 3/4 of the people continued to work and ultimately the 150 million dollar program was cancelled because it did not appear to increase contribution to society in any economic way.
Rent is only high because of artificial scarcity of real estate. The scarcity only exists because building new housing is decided neither by supply and demand nor central government planning, but by the people who accumulate more capital if housing isn’t built.
OK, so you’re telling me that giving money to people who need it, is better than giving it to rich people?
I am Wage Slaves inner shocked pikachu. Same thing, just more sarcastic and massive eye brows.
Wow.
Can’t wait for this to never roll out nationwide at the Federal level.
“Those damn homeless and injuns get EVERYTHING for free”
-my racist and jaded ass coworker
I think my biggest problem with these tests (not the idea of UBI) is that they go entirely based on what the recipients say. There’s not really any indication that fact checking is done to confirm they actually are living somewhere now, or they did get their cars fixed, etc.
I’m confident that the money helped, because obviously it would, but I wish we could get some actual solid data on how much it helped. The cynic in me believes that desperate people getting 1000$/mo will embellish how much it helps in order to keep getting the money, when in reality they need 1500$ or 2000$ to afford housing in Denver.
I’m not sure what definition of UBI you’re using, but not all forms of UBI need to cover the entirety of living expenses. UBI is just having income without strings attached. This very study is showing that even small amounts of money can help people get out of shitty situations.
Also as someone who lives in Dever, it’s not that expensive. Sure $1500+ is what you’ll pay around LoDo, but there are plenty of cheaper places.
Isn’t that like… Objectively wrong?
Dear Faust, even in Soviet Union idea of studio apartments were too cringe, so normal apartments were used for mass housing.
“No shit”
the Pew Charitable Trust wrote in a recent analysis that research had “consistently found that homelessness in an area is driven by housing costs.”
Well, yeah, and we can thank investors, landlords and capital funds for that. Housing in Denver is ridiculously expensive currently… and it was bad but not to this extent a few years ago. A house next door to me that was $250k and $1000 a month a few years ago is now $450 and $2100 a month.
Houses in the Netherlands have increased on average like 33% since 2018. Not made up numbers. They’ve gotta go down this is so unaffordable for starters.
I wonder if rent would go up if ubi became a thing
That depends on the housing market. If you have a surplus in housing, rent will remain stable because tenants will move if their landlord increases rent.
If you have a deficit in housing and more people look for a place to stay than there are available places, then tenants cannot move. Landlords and other businesses in deficit markets like healthcare will take all additional income.
People without money mostly need money.
Somehow this is surprising and confusing… primarily to people who cannot imagine change.
I’d love to show this to people who say “but lazy people will be getting paid for nothing” or “competition is human nature” that capitalists made the fuck up, but it’ll probably go over their heads, or they’ll conveniently say that the test was not done properly
Who would pledge 10% of their income to distribute as basic income? There is no need to wait until politicians implement it. We can start immediately.
We tried ubi during lock downs Here and it not only failed catastrophically but our government had to give up on billions of dollars people aren’t eligible for it caused catastrophic nearly unrecoverable inflation and people are now walking away from their mortgages that they can no longer afford
You dropped these (,…)
But in all seriousness, I have no idea what you’re trying to say.
Recent inflation was actually caused by lending rates dropping to zero, investments being made on that basis and now that lending rates are normalized costs are increasing, and now prices are increasing to maintain profits.
