Tag: guaranteed income

EDITORIAL: Universal basic income fails overall

EDITORIAL: Universal basic income fails overall

AP Free money makes people less likely to work. If common sense isn’t convincing enough, a new study should be.

In July, a National Bureau of Economic Research paper looked at the effects of a guaranteed income program run by two nonprofits . Thank you for reading!

Please log in, or sign up for a new account and purchase a subscription to continue reading. Log In Tags Labor Jobs And Careers Poverty Opinion LETTER: McCormick sacrifices Pennsylvanians for profit 5 hrs ago Editor, Opinion They Said It 5 hrs ago “Ambition is a dream […]

Left-Leaning Nonprofit Reports Guaranteed Income Study Failed: People Worked Less, Got Less Money

Left-Leaning Nonprofit Reports Guaranteed Income Study Failed: People Worked Less, Got Less Money

Man welding at steel beam The left-leaning National Bureau of Economic Research conducted a guaranteed income study that showed when people work less, they still have less money.

The study was titled “ The Employment Effects of a Guaranteed Income: Experimental Evidence from Two U.S. States ” and came out last month.

This study comes out as Democratic presidential nominee Kamala Harris campaigns on a $25,000 subsidy for eligible homebuyers to support down payments.The NBER conducted a study with 1,000 low income individuals and gave them each $1,000 per month for three years. There was also a control group of 2,000 […]

Left-leaning nonprofit reports guaranteed income study failed: people worked less, got less money

Left-leaning nonprofit reports guaranteed income study failed: people worked less, got less money

The left-leaning National Bureau of Economic Research conducted a guaranteed income study that showed when people work less, they still have less money.

The study was titled " The Employment Effects of a Guaranteed Income: Experimental Evidence from Two U.S. States " and came out last month.

This study comes out as Democratic presidential nominee Kamala Harris campaigns on a $25,000 subsidy for eligible homebuyers to support down payments.The NBER conducted a study with 1,000 low income individuals and gave them each $1,000 per month for three years. There was also a control group of 2,000 participants that got only $50 […]

Texas County’s New Basic Income Program Is Not Going to Work

Texas County's New Basic Income Program Is Not Going to Work

Money, money, money. (Credit: Blogging Guide/Unsplash) Universal Basic Income (UBI) became a more prominent topic of discussion during the 2020 presidential campaign when then-candidate Andrew Yang championed the policy.

The idea of having the government shell out a monthly payment to low-income individuals, and later all individuals, fascinated many who had not considered such a move. However, the concept also received well-deserved criticism based on moral grounds and concerns about the efficacy of such a policy.

Since then, various cities across the country have begun experimenting with basic income programs tailored for families living in poverty with mixed results. Harris County, […]

Monthly $500 Stimulus Check Payment 2024, These 5 states are getting paid

Monthly $500 Stimulus Check Payment 2024, These 5 states are getting paid

As the economic impacts of the COVID-19 pandemic continue to challenge many American families, several U.S. states have launched innovative stimulus programs designed to provide monthly financial assistance to low-income households.

These initiatives offer substantial monetary support, typically around $500 per month, to help alleviate the ongoing financial burdens many face. This sustained financial aid aims to provide more than just temporary relief; it seeks to establish a foundation for long-term economic stability and growth.

Project 2025 affects veterans benefits or not? The future of VA disability explained By targeting specific demographics such as low-income families, entrepreneurs, and young parents, […]

How LA County’s guaranteed income pilot has helped former foster youth find their footing

How LA County’s guaranteed income pilot has helped former foster youth find their footing

Jessica Viviana Hernandez is one of 200 former foster youth who started receiving benefits from L.A. County last year. LAist is facing a budget shortfall, but our mission to provide fact-based journalism is stronger than ever. We cannot do this important work without your member support today. Whether you give for the first time or increase your monthly donation, it all goes a long way in setting us up for a sustainable future.

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$5/mo $10/mo $15/mo $20/mo 4:59 How LA County’s guaranteed income pilot has helped former foster youth find […]

BBC ‘blew £235k of licence fee payers money on unused hotels, train and taxi fees’

BBC 'blew £235k of licence fee payers money on unused hotels, train and taxi fees'

The BBC reportedly wasted thousands of pounds on unused bookings The BBC has reportedly wasted £235,000 of licence fee payers money on cancelled bookings.

It has been reported the corporation spent £1,250 per week on transport and accommodation that nobody used. Back in April, the licence fee was controversially increased to £169.50 per year. However, some 2,511 rail tickets, 324 rooms and 1,581 taxis were all paid for but then cancelled with no refund, according to reports.

The cancellations of train tickets cost the BBC a staggering £140,000 over the past five years. Aborted hotel bookings added up to £70,000, while […]

‘It’s beneficial for the sheep’: The surprising ‘win-win’ for solar panels on farms

‘It’s beneficial for the sheep’: The surprising ‘win-win’ for solar panels on farms

Simon Barton’s sons Sam and Jeremy prepare to move cattle to a new paddock.Credit: Rhett Wyman When people find out Gayle Lee has solar panels on her land, they often bring up their worries about renewable energy destroying good farming country.

But at her property in Glenrowan in northern Victoria, the sheep run happily amid the rows of solar panels. It’s not only possible, it’s beneficial.

“People quite often say to us, ‘It’s OK to have solar panels, but what are we going to eat?’” Lee says. “They are quite surprised when we talk about the sheep running under the panel.”The […]

Rep. Horsford: Nevada is the gold standard for wages

Rep. Horsford: Nevada is the gold standard for wages

Guest Column: Harris-Walz Rally at Thomas & Mack Congressman Steven Horsford, D-Nev., speaks during a campaign rally for Democratic presidential nominee Vice President Kamala Harris and running mate Minnesota Gov. Tim Walz at the Thomas Mack Center Saturday, Aug. 10, 2024.

Nevada stands out with the highest concentration of tipped workers in the nation. From the skilled bartenders crafting cocktails to the dedicated servers providing exceptional dining experiences, hospitality professionals are the backbone of the Las Vegas economy and a key reason tourists return to our state.

But what truly sets Nevada’s tipped workforce apart isn’t just world-class service — it’s […]

Texas County Implements Revised Guaranteed Income Program with Spending Restrictions

Harris County in Texas is moving forward with a modified version of its guaranteed income program, known as “Uplift Harris,” after the original initiative was halted by the Texas Supreme Court due to concerns about its constitutionality. The program aims to provide financial assistance to approximately 1,600 low-income families who were selected for the original program. However, the new version includes spending restrictions to address the court’s constitutional concerns.

The original program, which promised $500 monthly cash payments for 18 months to nearly 2,000 families, was temporarily blocked by the state Supreme Court pending appeal. Texas Attorney General Ken Paxton […]