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.
  • theparadox@lemmy.worldEnglish
    6·
    7 months ago

    While I agree with your sentiment, I do feel like it is a step in the right direction and will help a great many people in poverty.

    Going straight from one economic system to another is likely to be an extremely violent process. I’m hoping that this would act as a stepping stone towards socialism rather than a life preserver for capitalism.