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by hurin
4037 days ago
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If you'd actually bothered to read the article you'd see that in the pilot project productivity went up. Unemployment dropped as well, from 60% to 45%, and there was a 29% increase in average earned income, excluding the basic income grant. Also from the wiki link posted by OP: As published in a recent report, "All those dollars low-wage workers spend create an economic ripple effec. Every extra dollar going into the pockets of low-wage workers, standard economic multiplier models tell us, adds about $1.21 to the national economy. Every extra dollar going into the pockets of a high-income American, by contrast, only adds about 39 cents to the GDP." There could be statistics that support the argument that you are making as well but I don't think that: > "I'd have to imagine..." without any references to support your statement contribute anything meaningful to the discussion. |
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