UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
  • underisk@lemmy.mlEnglish
    1·
    1 year ago

    Every time I see an experiment like this it’s wildly successful and then never made into any kind of law or permanent social program.

    • Psaldorn@lemmy.worldEnglish
      1·
      1 year ago

      The sad truth is current capitalism would ruin it.

      If you have a whole city UBI then rent and prices would immediately inflate to siphon that away.

      You’d need robust price laws beforehand, and that’s unpopular. Otherwise it’s just a tax-to-overlords pipeline

    • pete_the_cat@lemmy.worldEnglish
      1·
      1 year ago

      Simply put, a lot of people hate socialism aka “I’m paying so you can get something for free”. I’m all for it.

      My 73 year old father supports Trump (not one of the crazy people, just misguided) and hates Biden. He said one of the biggest things that Biden did that pissed him off was student loan forgiveness because my dad said he had to work 3 jobs in the early 70s to put himself through college (which he dropped out of and went into the electrical trade), so everyone else should have to struggle like he did, regardless of the fact that college cost him like $2,000 a semester and it costs like $12-15 grand now, assuming you’re not living on campus.