- 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.
We already do this. The US spends over $1 trillion (with a T) each year on welfare programs. Very rough math I know, but if you divide that equally among the estimated 39 million in poverty in the US, it’s over $25,000 per person.
So why not just give them that money?
It’s not evenly spent. Medicaid makes up the vast majority. https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/
So you’re telling me we could institute Universal Healthcare and then pay the people the savings. I’m on board.
Me too but then again I already live in a country with free healthcare.