It's true! When I studied economics, I was stunned by the ROI of social programs. Every dollar spent on childcare returns about $2.80 to the economy, and healthcare delivers even greater returns with broader social impact. A universal basic income is simply smart fiscal policy. Why the reluctance?
For every €1 provided through a Basic Income For Artists pilot program in Ireland, the government got €1.46 back. So it’s being made permanent. Over and over we see it. It saves public money to provide public housing. And it makes public money to provide basic income. We can’t afford to NOT do it.