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National study finds giving Americans $1,000 per month makes them work less
Just the News ^ | 7/23/24 | Kenneth Schrupp

Posted on 07/23/2024 3:55:52 AM PDT by hardspunned

(The Center Square) - Giving Americans $1,000 per month makes them worse off, says a new three-year, 3000-participant study. The National Bureau of Economic Research’s massive study found recipients and their partners work and earn less, with the negative effect on wages and earnings getting worse over time.

While proponents of universal basic income theorized such programs would improve non-economic metrics for recipients, the study surprisingly showed only leisure time increased as recipients spent less time on sleeping, child care, community engagement, caring for others, and self improvement. Transfers also reduced recipients’ non-transfer incomes significantly, with the study finding “for every one dollar received, total household income excluding the transfers fell by at least 21 cents, and total individual income fell by at least 12 cents.”

(Excerpt) Read more at justthenews.com ...


TOPICS: Chit/Chat
KEYWORDS: 1000dollars
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To: hardspunned

Ya don’t say. /s

I see ‘the pajama club’ in the grocery stores on half of my outings when it’s late enough in the day.

You can always tell based upon their dress, plump factor and unkempt manner.

The proposal moves socialism beyond a mere slow walk and would indisputably accelerate both our decline and transition to USSA under new ‘paper’.


21 posted on 07/23/2024 6:06:09 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: T.B. Yoits
And those whose noses aren't against the grindstone don't understand the concept of being personally invested in something (i.e., time, work, and commitment).

The more one has invested, the sweeter the payoff when the day is done and the job is finished.

22 posted on 07/23/2024 6:29:37 AM PDT by RoosterRedux (Take Trump off ballots. Fail. Take his money. Fail. Put Him in jail. Fail. Assassinate him. Fail.)
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To: hardspunned

Agreed. I still remember LBJ’s WAR ON POVERTY. Yet we still have poor not willing to work but looking for a handout on street corners everywhere.


23 posted on 07/23/2024 7:22:29 AM PDT by Ruy Dias de Bivar ( Government is not reason, it is not eloquence-it is force!--G. Washington)
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To: PGalt

A democrat will tell you, “It’s free.”


24 posted on 07/23/2024 8:23:55 AM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: RoosterRedux

I have a relative who gets SSI and it is enough to rent a room in a house and have access to the rest of the place. They have refused to work a full or part time job for some 20 years since getting SSI which is about $800 a month.


25 posted on 07/24/2024 1:40:38 AM PDT by minnesota_bound (Need more money to buy everything now)
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To: minnesota_bound
Thx for that.

I don't know what it is in psychological terms (Jordan Peterson probably does), but there is something about a small stipend that often devastates human ambition (and I am referring to "ambition" of the good sort).

This feature of humans might also be the fundamental reason why communism is such an abject failure. In other words, it isn't just the lack of personal opportunity that kills communism. There seems to be something magically destructive to the human psyche about having just enough to get by.

26 posted on 07/24/2024 4:17:03 AM PDT by RoosterRedux (Take Trump off ballots. Fail. Take his money. Fail. Put Him in jail. Fail. Assassinate him. Fail.)
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