YoBuckStopsHere@lemmy.worldM to Colorado Politics@lemmy.worldEnglish · 1 year ago2 participants in Denver's basic-income experiment say it's helped them buy a car, rent an apartment, and turn their lives aroundwww.businessinsider.comexternal-linkmessage-square44fedilinkarrow-up1223arrow-down18
arrow-up1215arrow-down1external-link2 participants in Denver's basic-income experiment say it's helped them buy a car, rent an apartment, and turn their lives aroundwww.businessinsider.comYoBuckStopsHere@lemmy.worldM to Colorado Politics@lemmy.worldEnglish · 1 year agomessage-square44fedilink
minus-squareKinglyWeevil@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·1 year agoThere’s also a lack of other factors because the population receiving the supplemental income is small relative to the “market.” You give a thousand people extra money, you bump up their income from subsistence to usable. You give everyone supplemental income without price controls on goods and housing, then rent or other costs just skyrocket to eat up the extra.
There’s also a lack of other factors because the population receiving the supplemental income is small relative to the “market.”
You give a thousand people extra money, you bump up their income from subsistence to usable.
You give everyone supplemental income without price controls on goods and housing, then rent or other costs just skyrocket to eat up the extra.