Some people are being given thousands of dollars with no strings attached in universal basic income trials. They mostly spend the cash wisely. - eviltoast
A common question about universal basic income, or UBI, is how people spend the money, but early trials are showing promising results.
  • loopedcandle@lemmynsfw.comEnglish
    6·
    6 months ago

    IIRC, that was one of the ways Nixon sold it. If the plebes have more money, they spend it on more consumerism bullshit . . .which is money that ends up in the hands of the 1%.

    Again, this is a 20 year old college course, so my memory could be way off (and aspirational b.c. I personally like UBI).