More evidence that UBIs work
The report is back on another Universal Basic Income trial, this time in the USA. And as with the others, it shows that this policy works:
After getting $500 per month for two years without rules on how to spend it, 125 people in California paid off debt, got full-time jobs and reported lower rates of anxiety and depression, according to a study released Wednesday.[…]
When the program started in February 2019, 28% of the people slated to get the free money had full-time jobs. One year later, 40% of those people had full-time jobs. A control group of people who did not get the money saw a 5 percentage point increase in full-time employment over that same time period.
Open mike 06/03/2021 thestandard.org.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.org.nz Daily Mail and Mail on Sunday newspapers.
alwyn 14.1.2.1.1
I think it is a desperate attempt by Robertson to try and set up the RBNZ as the people who cop the blame for the shambles that this Government has been making of the housing market for the last three and a half years.
I suspect it will backfire on him (Robertson). Orr is far to smart to allow Robertson to get away with such a transparent attempt to pass the parcel.
Orr is quite likely to take it as an invitation to tell Robertson, publicly, what he thinks will be required to fix the housing situation. Nothing he proposes will be something the the RBNZ can do. Everything will be something that requires fiscal action by Robertson himself. It will be on the basis of If you don t do this it will get worse . What he will suggest is very unlikely to be acceptable to the Government but Orr can then continue in the future to propose that if the Government had only followed our advice…… etc .
Open mike 19/02/2021 thestandard.org.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.org.nz Daily Mail and Mail on Sunday newspapers.
Press Release – Keith Rankin
Last Thursday I walked the Tongariro (Alpine) Crossing with my partner. Actually, it was my third time, having also enjoyed that beautiful volcanic walk in 1979 and 1990.This was my first time with a mobile phone in my pocket. My phone assured me that the 19½ kilometre walk took me 39,000 steps; 2 steps per horizontal metre on average, compared with the 1½ steps per metre that I do when walking around the block at home. ‘The Crossing’ has more steep bits – and many more vertical steps! – than the (not well maintained) footpaths of Glen Eden.
Despite its length, The Crossing is accessible to people of reasonable fitness aged 7 to 77. There were probably about 250 people on The Crossing that day. But, as we left National Park for Auckland on Saturday, we saw huge numbers of young adult walkers boarding shuttle buses for the trail. Many people resident in Aotearoa do seem to be taking the opportunity to experience this experience while the inte