Those seem incompatible to me.
(UBI means Universal Basic Income, giving everyone a basic income, for free)
It has been massively successful in a bunch of locations. Where are you seeing reports that it failed?
Maybe it was related to pandemic stuff: https://www.kqed.org/news/11946467/study-shows-limits-of-stocktons-guaranteed-income-program-during-pandemic
It’s been awhile since I’ve looked into specifically anything UBI related so I could be misrembering.
Stockton’s experiment in guaranteed income — which paid more than 100 residents $500 a month with no strings attached — likely improved the recipients’ financial stability and health, but those effects were much less pronounced during the pandemic, researchers found.
“We were able to say definitively that there are certain changes in terms of mental health and physical health and well-being that are directly attributed to the cash,” Castro told CalMatters on Tuesday. “Year 2 (2020) showed us some of those limits, where $500 a month is not a panacea for all social ills.”
Being less pronounced is not the same thing as failing and the whole article supported the program being effective. Looks like maybe you misremembered this article?
"One glaring problem with allowing this program to exist for any extended period of time is that, unless it is privately funded, it would be too expensive to maintain and would require substantial tax increases across the board.
The group’s page even admits that, saying, “there’s a number of ways to pay for guaranteed income, from a sovereign wealth fund in which citizens benefit from shard national resources like the Alaska Permanent Fund, to bringing tax rates on the wealthiest Americans to their 20th century historical averages.”
I think it part of it may have been related to how high taxes might have to be made and it would be damn near impossible to pass those level of taxes. It couldn’t be done souly city by city I don’t think otherwise wealthy would flee the city to avoid the taxes levied - at least that woulf be a concern of mine.
Okay so, there are a bunch of different agencies in charge of different types of social services. If you have UBI, those are no longer required. The money is coming from those programs. You spend LESS because you don’t have a giant work force on the back end of all those services/agencies anymore.
Eg. current: 20 departments, 100 people working at each. Gives out 1 million dollars a year in social services.
UBI: 1 department. Far less than the total of above working for it. Gives out 1 million dollars a year in social services.
See? The numbers are fluff just for the sake of the example.
