Universal basic income is 'straight out of the Karl Marx playbook,' financial guru Dave Ramsey says ( www.businessinsider.com )

jpreston2005 , 3 days ago

OK so this is bullshit and dave ramsey is a moron.

Here is a qualitative meta-analysis performed by Stanford in 2020 looking at 16 different Universal Basic Income studies. Beware, it's a PDF. Here's their website : https://basicincome.stanford.edu/research/ubi-visualization/

"The evidence from diverse interventions
in low-, middle-, and high-income contexts
indicates minimal impact on aggregate
measures of labor market participation,3,5,6
with some studies reporting an increase in
work participation.11 When reductions do
occur, time is channeled into other valued
activities such as caregiving."

Every single study that's ever been performed on UBI has shown a steady level of labor participation, or an increase in it. Any drop, was by a family that now could afford to have a stay at home parent.