Futurology

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Denver experimented with giving people $1,000 a month. It reduced homelessness and increased full-time employment, a study found. (www.businessinsider.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 1 year ago

Part of it comes from removing existing social support schemes that UBI supplants. Not only can you reallocate those funds, the simplified ruleset should also reduce bureaucratic overhead, which can also go towards funding UBI.

Will that cover all of the additional expenses? Probably not. But it's a start, at least.

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