SoylentNews is people
SoylentNews
from the Having-UBI-would-afford-more-time-to-spend-supporting-SoylentNews dept.
The fine folks at the CBC bring us the following report:
Participants in Ontario's prematurely cancelled basic income pilot project were happier, healthier and continued working even though they were receiving money with no-strings attached.
That's according to a new report titled Southern Ontario's Basic Income Experience, which was compiled by researchers at McMaster and Ryerson University, in partnership with the Hamilton Roundtable for Poverty Reduction.
The report shows nearly three-quarters of respondents who were working when the pilot project began kept at it despite receiving basic income.
That finding appears to contradict the criticism some levelled at the project, saying it would sap people's motivation to stay in the workforce or seek employment.
That's an interesting way of looking at it. An alternative viewpoint could be that over a quarter of the people who were working before the UBI trial stopped working. Unclear are the benefits that resulted from their new spare time — such as providing support to an ailing family member.
(Score: 5, Offtopic) by The Mighty Buzzard on Wednesday March 11 2020, @03:02AM (16 children)
Yeah, the problem is it doesn't work. See, money isn't worth a fixed value. It's valued by the amount of work done in your nation. If over a quarter of the workforce decide they'd just really rather not work if it's all the same to you, your money just decreased in value by over a quarter. Which means it takes an even larger percentage of your check to pay for all the things you want the government to spend money on, like roads, schools, healthcare, and subsidizing professional ass-sitters.
My rights don't end where your fear begins.
(Score: 0, Offtopic) by Anonymous Coward on Wednesday March 11 2020, @03:22AM (8 children)
On this website, a point about basic economics on an economic topic such as UBI gets modded "Offtopic"!
This place is fucking hopeless.
(Score: 2, Troll) by The Mighty Buzzard on Wednesday March 11 2020, @03:25AM (6 children)
That's part of why everyone gets mod points, to correct the revenge mods of the butthurt.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday March 11 2020, @07:01AM (3 children)
Ah, so that is why you run an army of sock puppets!
(Score: 5, Touché) by deimtee on Wednesday March 11 2020, @09:01AM (1 child)
I may disagree with his economic ideas, but you are just nuts. TMB runs the codebase, if he were inclined to cheat (and I don't think he is) he doesn't need sockpuppets. He could just put in a line:
If userid==18 Then MOD = +5 Fisherman;
If you cough while drinking cheap red wine it really cleans out your sinuses.
(Score: 3, Funny) by The Mighty Buzzard on Thursday March 12 2020, @03:29AM
Yup. Or write a script to insert bogus moderations from inactive users into the db to nuke any comment I don't like down to -1 by cid. Where's the fun in that though? I prefer to crush my enemies where everyone can see it. I mean, how am I supposed to enjoy listening to the lamentations of their women if they don't know to lament?
My rights don't end where your fear begins.
(Score: 2) by The Mighty Buzzard on Thursday March 12 2020, @03:22AM
Nope, only one person has ever sockpuppeted on SN. I wonder who that was...
My rights don't end where your fear begins.
(Score: 2) by Runaway1956 on Wednesday March 11 2020, @03:25PM (1 child)
Wouldn't it be more efficient to cure the butthurt of the revenge mods?
(Score: 2) by The Mighty Buzzard on Thursday March 12 2020, @03:23AM
Can't be done.
My rights don't end where your fear begins.
(Score: 1, Funny) by Anonymous Coward on Wednesday March 11 2020, @03:25AM
One bad m0d point = FUCKING HOPELESS.
Great economics there, chief.
(Score: 5, Insightful) by JoeMerchant on Wednesday March 11 2020, @03:28AM (4 children)
TFA didn't make it easy to extract, but employment didn't drop by 25% - 25% of those previously employed did go unemployed on UBI, but 18.1% of those previously unemployed found employment. If you read some of the anecdotes, they're trolling the bottom of the barrel economically speaking, with something over 1/3 unemployed to start, and something like 1/2 of those employed, employed precariously.
I hate to be this way, but: the value of a nation's economy isn't going to change much if your hookers stop running escort services and start working from home, or vice versa. On the other hand, when little old ladies can afford to get themselves a Chez lounge when they need one for health reasons, that might actually have a measurable impact on overall healthcare costs. On yet another hand, when your dumpster divers of the workforce get themselves out of those jobs and into something worthwhile - that should be an overall boost to the economy, even if the Uber drivers wise up and stay home to watch Netflix and get stoned more often.
🌻🌻 [google.com]
(Score: 4, Informative) by pTamok on Wednesday March 11 2020, @08:00AM (3 children)
This is not meant as a snarky comment, simply informative.
You may not realise it, but that is actually written as chaise longue: it is French, and means 'long chair [wikipedia.org]'.
Similarly, you might mean (benthic/bottom) trawling [wikipedia.org] rather than trolling [wikipedia.org] as a variation of the phrase 'scraping the bottom of the barrel [wiktionary.org]'.
(Score: 2) by JoeMerchant on Wednesday March 11 2020, @12:55PM
It looked wrong to me, but it's what the little old lady called it in her quote.
🌻🌻 [google.com]
(Score: 2) by hemocyanin on Wednesday March 11 2020, @07:11PM (1 child)
+5 grammar nazi (in a good non-snarky way).
(Score: 1) by pTamok on Wednesday March 11 2020, @08:14PM
Thank you.
(Score: 5, Insightful) by charon on Wednesday March 11 2020, @04:57AM
(Score: -1, Troll) by Anonymous Coward on Wednesday March 11 2020, @05:05AM
You are wrong. I mean in the literal sense. You could very well be saying that the earth is flat. There is nothing to argue here. Instead of snarky reply and patting yourself on the back, incorporate that knowledge with the rest of what you understand and come up with a retort.