The basic income experiment improved motivation to find a higher paying job for both employed and unemployed members but
> almost three-quarters of the respondents who were employed six months before receiving basic income were still working while receiving basic income. Nearly 80 percent of the respondents who were previously unemployed remained without work during the pilot. About 20 percent found employment.
So the majority of unemployed people stayed unemployed. Of the people employed prior to the pilot, about 23% became unemployed although in some cases it may have been to pursue more education.
> The unemployed group were three times more likely to report their general health had declined during the pilot as compared to the employed group.
The majority of the unemployed group reported improved general health but a significant portion of the unemployed group became worse off during the pilot.
The majority of participants did report improved well-being through a survey. The survey asked questions about general health, mental health, and financial well-being among others.
If the cost was $150,000,000 for 4,000 people for 3 years, the cost per year should be approx $50,000,000.
The articles states there are 2,000,000 people in poverty in the Ontario province so this program, if scaled up to all those in poverty, would be expected to cost $25,000,000,000 per year from simply scaling up the cost 500x.
> almost three-quarters of the respondents who were employed six months before receiving basic income were still working while receiving basic income. Nearly 80 percent of the respondents who were previously unemployed remained without work during the pilot. About 20 percent found employment.
So the majority of unemployed people stayed unemployed. Of the people employed prior to the pilot, about 23% became unemployed although in some cases it may have been to pursue more education.
> The unemployed group were three times more likely to report their general health had declined during the pilot as compared to the employed group.
The majority of the unemployed group reported improved general health but a significant portion of the unemployed group became worse off during the pilot.
The majority of participants did report improved well-being through a survey. The survey asked questions about general health, mental health, and financial well-being among others.
If the cost was $150,000,000 for 4,000 people for 3 years, the cost per year should be approx $50,000,000.
The articles states there are 2,000,000 people in poverty in the Ontario province so this program, if scaled up to all those in poverty, would be expected to cost $25,000,000,000 per year from simply scaling up the cost 500x.