Seattle gave low-income residents $500 a month no strings attached. Employment rates nearly doubled. - eviltoast
A guaranteed basic income program pilot in Seattle gave 102 low-income residents $500 monthly. Employment among the participants nearly doubled.
  • A Seattle basic income pilot gave low-income residents $500 a month, nearly doubling employment rates.
  • Some participants reported getting new housing, while others saw their employment incomes rise.
  • Basic income pilots nationwide have seen noteworthy success, despite conservative opposition.
    • kora@lemmy.blahaj.zone
      2618·
      7 months ago

      Sure. Until landlords realize they can raise their rent without losing tenants. Or insurance companies. Or grocery distributors. I doubt this works without other laws and policies needing to go into effect beforehand.

      • Viking_Hippie@lemmy.world
        272·
        7 months ago

        That’s why UBI needs to be combined with common sense price ceilings. When you do that, it WILL work as intended.

        I doubt this works without other laws and policies needing to go into effect beforehand

        Or just simultaneously. Here’s a snazzy name I had an LLM come up with for the bill name:

        FAIR-CARE: Fair Allocation of Income Resources - Common-sense Affordable Regulation for Everyone

      • jj4211@lemmy.world
        3·
        7 months ago

        These are the unanswered questions. This example is 102 people out of an overall city population of 750,000. The biggest question about UBI has been “so what happens if you try to scale it to a significant portion of the population”, but no one has dared really try.