Comment on New Study: A $500 monthly basic income led to significant employment growth, enhanced savings, improved debt management, and better quality of life

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mozz@mbin.grits.dev ⁨7⁩ ⁨months⁩ ago

He means reduce wages by $500/month to account for the existence of the program

It's a valid question I think; I kind of suspect that it doesn't work that way (that the outcome would be more similar to "wah nobody wants to work for $12/hr anymore" and no workers), but I don't know enough to say for sure.

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