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ModerateImprovement OP , (edited ) to news in Bad news for universal basic income.
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The problem is not that people are working less, the problem is that this study show that funding UBI is almost impossible.

ModerateImprovement OP , to news in Bad news for universal basic income.
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There you go:

“You can think of total household income, excluding the transfers, as falling by more than 20 cents for every $1 received,” wrote Eva Vivalt, a University of Toronto economist who co-authored the study, in a post on X. “This is a pretty substantial effect.”

But if those people are working less, the important question to ask is how they spent the extra time—time that was, effectively, purchased by the transfer payments.

Participants in the study generally did not use the extra time to seek new or better jobs—even though younger participants were slightly more likely to pursue additional education. There was no clear indication that the participants in the study were more likely to take the risk of starting a new business, although Vivalt points out that there was a significant uptick in “precursors” to entrepreneurialism. Instead, the largest increases were in categories that the researchers termed social and solo leisure activities.

Some advocates for UBI might argue that the study shows participants were better off, despite the decline in working hours and earnings. Indeed, maybe that’s the whole point?

“While decreased labor market participation is generally characterized negatively, policymakers should take into account the fact that recipients have demonstrated—by their own choices—that time away from work is something they prize highly,” the researchers note in the paper’s conclusion.

If you give someone $1,000 a month so they have more flexibility to live as they choose, there’s nothing wrong with the fact that most people will choose leisure over harder work.

“So, free time is good [and] guaranteed income recipients use some of the money to free up time,” argued Damon Jones, a professor at the University of Chicago’s school of public policy, on X. “The results are bad if you want low-income people to be doing other things with their time, for example working.”

Of course, if the money being used to fund a UBI program was simply falling from the sky, policy makers would have no reason to care about things like labor market effects and potential declines in productivity. If a program like this is costless, then the only goal is to see as many individuals self-actualize as much as possible. One person wants to learn new skills or start a business? Great! Others want to play video games all day? Awesome.

In reality, however, a UBI program is not costless and policy makers deciding whether to implement one must decide if the benefits will be worth the high price tag—Yang’s proposal for a national UBI, for example, is estimated to cost $2.8 trillion annually.

That’s why a study like this one matters, and why it’s so potentially damaging to the case for a UBI. A welfare program—which is ultimately what this is—that encourages people to work less and earn less is not a successful public policy. Taxpayers should not be expected to fund an increase in individuals’ leisure time, regardless of the mechanism used to achieve it.

ModerateImprovement OP , to news in Bad news for universal basic income.
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I think negative income tax is more suitable for application and has less cons than UBI.

ModerateImprovement OP , to news in Bad news for universal basic income.
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You did not read the article if this is your conclusion.

ModerateImprovement OP , to news in Bad news for universal basic income.
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The funders who currently contribute the most to NBER-based research projects are the National Institute of Health, the National Science Foundation, the Social Security Administration, and the Alfred P. Sloan Foundation.

Even those corporations who are down in the supporters list don’t give a shit about UBI.

ModerateImprovement OP , to news in Bad news for universal basic income.
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There you go again:

Support & Funding

ModerateImprovement OP , to news in Bad news for universal basic income.
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There you go:

National study finds giving Americans $1,000 per month makes them work less.

ModerateImprovement OP , to news in Secret Service director steps down after assassination attempt against ex-President Trump at rally.
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Maybe this changed her:

whitehouse.gov/…/statement-from-president-joe-bid…

ModerateImprovement OP , to news in Salt Lake City wildfire prompts mandatory evacuations.
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You are arguing in bad faith, I asked you for your sources but you prefer to waste time going in circles.

Happy to continue discussing this with you when you come back with your sources, otherwise I am just arguing with your feelings instead of discussing the facts.

ModerateImprovement OP , to news in Salt Lake City wildfire prompts mandatory evacuations.
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I showed you sources that prove that they are very reliable and very factual by third parties, where is your sources that show that it’s unreliable?

ModerateImprovement OP , to news in Salt Lake City wildfire prompts mandatory evacuations.
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https://sh.itjust.works/pictrs/image/6223ec95-6162-4fb8-8d42-d56f1f508f83.jpeg

https://sh.itjust.works/pictrs/image/6a305fca-112d-4738-953e-c7679b906e81.jpeg

Just because you think it’s a propaganda, does not mean it’s.

As shown in the sources, they are very reliable.

ModerateImprovement OP , to news in Salt Lake City wildfire prompts mandatory evacuations.
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I think you misunderstood me, when I said free I meant that they licensed under creative commons and I am sorry for not clarifying that.

I don’t like to follow news from news sources that do not license their content freely.

ModerateImprovement OP , to news in Salt Lake City wildfire prompts mandatory evacuations.
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What sources are better than VOA and are free?,if you don’t mind me asking.

I think VOA is very accurate in it’s coverage of USA news and most fact checking agencies rate it as factual.

ModerateImprovement OP , to piracy in What Killed Fmovies? Death By a 1000 Cuts, One Killer Blow, Or Possibly Both.
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Are you sure it’s a mirror and not a clone?

ModerateImprovement OP , to technology in Bangladesh’s internet blackout immobilizes its booming tech industry.
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From the article:

Internet services in Bangladesh were shut on July 18 following violent clashes between the police and student groups. The students have been protesting a new policy that reserves a portion of government jobs for descendants of the country’s 1971 war veterans, who are predominantly supporters of the ruling party led by Sheikh Hasina. At least 110 people have been reported dead and thousands injured.

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