Canada finally reveals the results of its universal basic income experiment
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Explain to me why landlords didn’t just jack rent payments in 1960s. Why did people back then have money left at the end of the month?
Because the working class could afford to buy a house and the property it stands on outright. That was a golden age for income and wealth disparity, which has ballooned beyond all sustainability in recent decades. In real terms, we simply make less.
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300 dollars a month is not even close to meeting a person’s cost of living.
it’s a meaningful start because we would see how things work in practice. it’s similar to how you build a small model of what you want to build (blueprinting, testing, proof-of-concept, prototyping, …) before you build the real thing