Not to mention the US government recently sent $1,200 to a huge swath of the country and Alaska has had a similarly sized UBI-like fund for years. If we want we can chop it up and give it to ourselves each month and call it a $100 UBI (somewhat means tested). Alongside smaller, more direct comparisons like this study, I think we already have a fairly good sense of what a small to moderate UBI would look like.
Nothing would go crazy. People would have more money. They’d work the same amount except select groups (students, disabled, elderly) and be slightly/moderately happier at least in the short term. We’d either have higher deficits or taxes, probably both.
Nothing would go crazy. People would have more money. They’d work the same amount except select groups (students, disabled, elderly) and be slightly/moderately happier at least in the short term. We’d either have higher deficits or taxes, probably both.