UBI Cash Payments Reduced Homelessness, Increased Employment in Denver
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.
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1K a month is pretty trivial compared to the cost of all the public money used to punish them (e.g cops). Even if you don't care about the humanity aspect at all UBI makes sense just from a pure numbers perspective.
But think of all the money prisons will lose!
I know it's a popular sentiment, because private prisons are so in-your-face evil, but they're not as ubiquitous as the population seems to believe.
Twenty-seven states and the federal government incarcerated 96,370 people in private prisons in 2021, representing 8% of the total state and federal prison population.
Yes, that's too many. Yes, we need to ban these things at the federal level. But let's not forget the grift from state and local prisons, in many cases worse because they can't be as readily audited.
Don't forget healthcare and existing social security!
$1,000/mo. is not UBI, not like it's usually discussed. I'd go for widening this program, let's keep the experiment rolling until it pans out or collapses.
