this post was submitted on 10 Oct 2023
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Denver experimented with giving people $1,000 a month. It reduced homelessness and increased full-time employment, a study found. (www.businessinsider.com)
submitted 11 months ago by Espiritdescali@futurology.today to c/futurology@futurology.today
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[–] Jesus_666@feddit.de 5 points 11 months ago

Part of it comes from removing existing social support schemes that UBI supplants. Not only can you reallocate those funds, the simplified ruleset should also reduce bureaucratic overhead, which can also go towards funding UBI.

Will that cover all of the additional expenses? Probably not. But it's a start, at least.