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Scott Santens /
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2024-03-15 14:51:44

Scott Santens on Nostr: Fresh results from another #BasicIncome pilot. This one took place in San Antonio, ...

Fresh results from another #BasicIncome pilot. This one took place in San Antonio, Texas where 1,000 people got a $1,908 payment in Dec 2020, followed by 8 quarterly $400 payments between Apr 2021 and Jan 2023.

What happened?

Incomes from work went up.

The biggest increased employment impact was observed in those with the lowest incomes to start (<50% FPL). The biggest educational investments occurred in those with the highest incomes to start (>100% FPL).

https://www.businessinsider.com/san-antonio-ubi-guaranteed-basic-income-housing-finances-austin-rent-2024-3
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