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.
    • Peaty@sh.itjust.worksEnglish
      26·
      1 year ago

      Because it is taken from the same economy. If I tax Bill $1 to give Bob $1 we didn’t see any net growth. The only way it produces growth is if we gave Bob $1 but never collected $1 from anyone which becomes unsustainable in the long term.