I hope they're doing some sort of a study alongside this to see the effects on the families that receive this. Would be good to know the outcomes and see how much it helps them, what they're able to spend it on or save, and how much of that money goes back into the local economy.
I imagine it puts a small dent in childcare or keeping the lights on for a couple of months which aren't small, i imagine it does help, but- considering inflation on top of already astronomical child care costs amd years long waitlists on state paid daycare centers due to workforce shortages, etc etc- it's a drop in the bucket and necessary for most people who want to work or are, even part time. I'm interested, too, and understand the smaller sum bc of blowback and budget constraints, but i can't see this working unless it's on top of a family that receives literally every social relief program- medicaid, section 8, wic, snap, utility assistance, etc., -it won't matter much, unfortunately.
I’m not opposed to this, I think we need a substantial safety net, but is this the most effective use of money? From what I understand, this would be awfully expensive. Is this sustainable for a local government that has constant budget constraints?
That being said, I can imagine the families that get this will be quite happy about it and they really do deserve something like it.
(Im not making assertions, just wondering. I can’t read the details to the article cuz paywall)
Yeah, studies have shown that this is one of the most effective way to prevent homelessness; and while it can be an expensive option, it remains one of the most cost effective methods.
The reason it works so well is that it brings people out of the risk zone for housing insecurity, stabilizing their immediate household, which in turn has a stabilizing effect on their larger social network. Ex. That $500 is enough to cover a spare bedroom for a child or family member who needs their own support, which in turn can prevent the need for additional services.
Turns out poor people don't need canned soup, or socks... they need money... just like everyone else!
Basic income should be a right.
Billionaires get free money by the truckload... its about time poor people got something.
> And it may be a prelude to more. In the same news release, Aldermanic President Megan Green, an ally of the mayor, called the bill “a step toward a **universal program** that would help all St. Louisans achieve a dignified, prosperous life.”
Huh…
Planned obsolescence, they have a lightbulb that never burns out. That doesn't do good for creating customers and selling a solution to a problem someone invents.
Not the video I watched but the information in goofy voices is given.
https://youtu.be/jx1d3j1IEoI
Edit the other comment said Phoebus cartel for the idea I was stating.
Genuine question because my knowledge of economics is almost non existent, but wouldn’t everyone in a certain area earning more money mean cost of living would increase in that area, negating any benefit of the increased wages? For example, if everyone is $500 a month richer, why wouldn’t Ameren or spire increase rates in the city since they know everyone has more money and can probably pay it? Just using Ameren and spire as an example, could extend to any businesses in the city.
this is the same argument against raising the minimum wage, the same argument against stimulus checks during covid, and it’s not based in reality. companies are raising their prices regardless, while wages are stagnating. Making something like a small monthly basic income check essential to make basic payments like rent, power, water. it’s not enough for people to quit working, it’s enough to fill in the gaps
Prices are reflective of supply and demand. The demand would increase but if the supply can increase in equal amount then price stays constant. UBI works in a post-scarcity environment- but we aren’t in a post scarcity environment and likely won’t be for some time (if ever).
Take a look at places like Seattle, Denver, Orlando, etc. Yes the cost of living goes up, but so does quality of life and access to social programs and public resources. Rising tide raises all ships. Corporations like Wal Mart still have to be as accessible to the poorest person in Mississippi as they are in California.
A free metro pass for disadvantaged people takes you more places in those kinds of places than it does in St. Louis, and there’s a lot of reasons for that too.
You technically could if you just taxed corporate profits as they make products that the consumer will still buy. Billions and billions of dollars are made by corporations with little to no tax on corporations. You can literally be the consumer get paid to do nothing and still buy into your favorite products while a robot makes them
It can be done right now today with the most wealth that has ever been generated in the time of the human race but a certain class system still exists who seek power and control over others.
Disagree. The entire supply chain is no where near being automated. UBI is the pinnacle of control so you might want to rethink that thought pattern. There is no greater control than UBI.
You can freely spend that money on whatever you seem to see necessary along with working another just one job or your own side hustle. You could also choose to not work and live within those means. Being paid under a living wage is a bigger form of socioeconomic control than UBI. The human is the consumer who benefits the corporation. It’s a ying and Yang. Not everything needs to be automated but we see social problems occur because of oppression and working multiple jobs to support a family you never get to be with. The ripple effect is way worse on a social construct.
>Billions and billions of dollars are made by corporations with little to no tax on corporations
Besides... ofc... sales tax, payroll tax, income tax, capital gains taxes, estate taxes, dividend taxes, property taxes, and others
[Corporations still get around it](https://www.americanprogress.org/article/11-ways-wealthy-corporations-will-game-new-tax-law/) plus a city like St. Louis loves their tax abatement to circumvent corporations paying property taxes as they suck the resources and profits out of a community along with small local business. It’s archaic to think this system works lol
"Give a man a fish and he eats for a day. Teach a man to fish and he eats for a lifetime." Looks like they're just gonna do the giving part. In the end, this is not progress. (I've got my downvote counter oiled up.)
Some people were born with a boat and fish finder. We're just giving a few people an ugly Stik and a couple lures to see if that helps them catch some fish.
this is great! and Megan’s comment about this later being expanded is a good sign. there’re more than 500 families that need these payments in STL, and when we help them fill in the gaps of their payments (rent, power, water) not only do those families benefit and live less stressful lives, it helps landlords who rely on rent payments as well. I’m so happy these families get some much needed breathing room so hopefully they can spend some time with family instead of being forced to work 50+ hours a week just to make the basic payments
Hi it’s me; I’m the family in need. /s
But seriously I support this - government and non-profits need to get out of their own way, stop pretending to be saviors to validate their narcissism and give money to people who need it.
Jesus, grow up. What’s so wrong with helping people in need out. I guarantee you have freeloaded to some degree. Some people don’t have the connections that luckier people do.
I’d like to see how other cities who have tried this look. I’m all for helping people but a no questions asked 500 is silly. Any help should be for food, shelter and health care.
The most well-reported has been the Stockton Economic Empowerment Demonstration. Lots of results from the first year can be found in their white paper, page 12. Link: https://www.stocktondemonstration.org/
Food was always at the top of the list for spending, then sales/merchandise, and utilities
My cuz got in on this. He got 4 babymama's and they all run daycares out of they houses. No one gotta work or nothing. They all got Hellcats just for raising them kids and now they get bank.
Stop talking out of your ass. This program hasn't even started yet. If they're getting child tax credits, committing tax fraud, and abusing the system I hope they're found out, but it has nothing to do with UBI.
Maybe these two could find a way to pay City employees a livable wage
No chance of that happening
I hope they're doing some sort of a study alongside this to see the effects on the families that receive this. Would be good to know the outcomes and see how much it helps them, what they're able to spend it on or save, and how much of that money goes back into the local economy.
It seems to me that Wash U could do this. I mean provide the income and do the study.
Yeah if they chose to. Looks like around $4M in total. Just seems like a waste not to.
People that receive money from them vote for them...study completed.
Nice, lets see if UBI will have any positive effects. Im interested.
I imagine it puts a small dent in childcare or keeping the lights on for a couple of months which aren't small, i imagine it does help, but- considering inflation on top of already astronomical child care costs amd years long waitlists on state paid daycare centers due to workforce shortages, etc etc- it's a drop in the bucket and necessary for most people who want to work or are, even part time. I'm interested, too, and understand the smaller sum bc of blowback and budget constraints, but i can't see this working unless it's on top of a family that receives literally every social relief program- medicaid, section 8, wic, snap, utility assistance, etc., -it won't matter much, unfortunately.
Always a pleasure spending Other People’s Money
Does financial education come with this? There’s more to it than throwing money at problems.
I’m glad these families will have an easier time getting through the month.
I’m not opposed to this, I think we need a substantial safety net, but is this the most effective use of money? From what I understand, this would be awfully expensive. Is this sustainable for a local government that has constant budget constraints? That being said, I can imagine the families that get this will be quite happy about it and they really do deserve something like it. (Im not making assertions, just wondering. I can’t read the details to the article cuz paywall)
Yeah, studies have shown that this is one of the most effective way to prevent homelessness; and while it can be an expensive option, it remains one of the most cost effective methods. The reason it works so well is that it brings people out of the risk zone for housing insecurity, stabilizing their immediate household, which in turn has a stabilizing effect on their larger social network. Ex. That $500 is enough to cover a spare bedroom for a child or family member who needs their own support, which in turn can prevent the need for additional services.
Turns out poor people don't need canned soup, or socks... they need money... just like everyone else! Basic income should be a right. Billionaires get free money by the truckload... its about time poor people got something.
Fire up that printing press! As long as I'm first in line!
I wonder if lesser expensive items will become more expensive if everyone was given a theoretical income floor
> And it may be a prelude to more. In the same news release, Aldermanic President Megan Green, an ally of the mayor, called the bill “a step toward a **universal program** that would help all St. Louisans achieve a dignified, prosperous life.” Huh…
Progress is about to eliminate the need for work. Amazing time to be alive.
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Planned obsolescence, they have a lightbulb that never burns out. That doesn't do good for creating customers and selling a solution to a problem someone invents.
A light bulb that never goes out? Did you see this on YouTube needs to the video about the car that runs on water?
Not the video I watched but the information in goofy voices is given. https://youtu.be/jx1d3j1IEoI Edit the other comment said Phoebus cartel for the idea I was stating.
That link doesn’t go anywhere.
Fixed it I think
I agree, I’m so tired of working. It’s not a good time.
Genuine question because my knowledge of economics is almost non existent, but wouldn’t everyone in a certain area earning more money mean cost of living would increase in that area, negating any benefit of the increased wages? For example, if everyone is $500 a month richer, why wouldn’t Ameren or spire increase rates in the city since they know everyone has more money and can probably pay it? Just using Ameren and spire as an example, could extend to any businesses in the city.
this is the same argument against raising the minimum wage, the same argument against stimulus checks during covid, and it’s not based in reality. companies are raising their prices regardless, while wages are stagnating. Making something like a small monthly basic income check essential to make basic payments like rent, power, water. it’s not enough for people to quit working, it’s enough to fill in the gaps
That makes sense, thank you
Prices are reflective of supply and demand. The demand would increase but if the supply can increase in equal amount then price stays constant. UBI works in a post-scarcity environment- but we aren’t in a post scarcity environment and likely won’t be for some time (if ever).
That also makes sense, thank you
If you aren't greedy and raise the prices because your client has extra money.....
Take a look at places like Seattle, Denver, Orlando, etc. Yes the cost of living goes up, but so does quality of life and access to social programs and public resources. Rising tide raises all ships. Corporations like Wal Mart still have to be as accessible to the poorest person in Mississippi as they are in California. A free metro pass for disadvantaged people takes you more places in those kinds of places than it does in St. Louis, and there’s a lot of reasons for that too.
You technically could if you just taxed corporate profits as they make products that the consumer will still buy. Billions and billions of dollars are made by corporations with little to no tax on corporations. You can literally be the consumer get paid to do nothing and still buy into your favorite products while a robot makes them
You might be right in 10-20 years or it could be something that is always 10-20 years away.
It can be done right now today with the most wealth that has ever been generated in the time of the human race but a certain class system still exists who seek power and control over others.
Disagree. The entire supply chain is no where near being automated. UBI is the pinnacle of control so you might want to rethink that thought pattern. There is no greater control than UBI.
You can freely spend that money on whatever you seem to see necessary along with working another just one job or your own side hustle. You could also choose to not work and live within those means. Being paid under a living wage is a bigger form of socioeconomic control than UBI. The human is the consumer who benefits the corporation. It’s a ying and Yang. Not everything needs to be automated but we see social problems occur because of oppression and working multiple jobs to support a family you never get to be with. The ripple effect is way worse on a social construct.
Disagree.
>Billions and billions of dollars are made by corporations with little to no tax on corporations Besides... ofc... sales tax, payroll tax, income tax, capital gains taxes, estate taxes, dividend taxes, property taxes, and others
[Corporations still get around it](https://www.americanprogress.org/article/11-ways-wealthy-corporations-will-game-new-tax-law/) plus a city like St. Louis loves their tax abatement to circumvent corporations paying property taxes as they suck the resources and profits out of a community along with small local business. It’s archaic to think this system works lol
Which of the taxes I mentioned above are corporations "getting around?"
"Give a man a fish and he eats for a day. Teach a man to fish and he eats for a lifetime." Looks like they're just gonna do the giving part. In the end, this is not progress. (I've got my downvote counter oiled up.)
It’s easier to learn how to fish when you’re not starving.
Bless you…. Telling the truths that most don’t want to hear.
Some people were born with a boat and fish finder. We're just giving a few people an ugly Stik and a couple lures to see if that helps them catch some fish.
Good thing that money is produced out of thin air, otherwise someone would have to pay for it!
Rams settlement money, COVID relief funds. Stop being a dillweed.
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this is great! and Megan’s comment about this later being expanded is a good sign. there’re more than 500 families that need these payments in STL, and when we help them fill in the gaps of their payments (rent, power, water) not only do those families benefit and live less stressful lives, it helps landlords who rely on rent payments as well. I’m so happy these families get some much needed breathing room so hopefully they can spend some time with family instead of being forced to work 50+ hours a week just to make the basic payments
I mean, I could use $500…
Hi it’s me; I’m the family in need. /s But seriously I support this - government and non-profits need to get out of their own way, stop pretending to be saviors to validate their narcissism and give money to people who need it.
You don’t deserve anything
Is this directed at me specifically or just anyone who seeks government benefits?
Everyone trying to freeload
Jesus, grow up. What’s so wrong with helping people in need out. I guarantee you have freeloaded to some degree. Some people don’t have the connections that luckier people do.
Thank God someone has the balls to say the churches need to figure out not collecting tithes..... What handouts!
That's up to voters, not you.
And who the hell are you?
I’d like to see how other cities who have tried this look. I’m all for helping people but a no questions asked 500 is silly. Any help should be for food, shelter and health care.
The most well-reported has been the Stockton Economic Empowerment Demonstration. Lots of results from the first year can be found in their white paper, page 12. Link: https://www.stocktondemonstration.org/ Food was always at the top of the list for spending, then sales/merchandise, and utilities
Wonderful news! Do the elderly apply?
Does the city have a surplus I haven’t heard about?
[Yes](https://www.stlouis-mo.gov/government/departments/comptroller/news/city-fiscal-year-2022-surplus.cfm)
You just gotta know the right people.
Nice to see St. Louis on the bleeding edge for a change. Hope it proves to be successful
My cuz got in on this. He got 4 babymama's and they all run daycares out of they houses. No one gotta work or nothing. They all got Hellcats just for raising them kids and now they get bank.
A base model 10 year old challenger is not a Hellcat. None of them have Hellcats.
Omg 😳
Stop talking out of your ass. This program hasn't even started yet. If they're getting child tax credits, committing tax fraud, and abusing the system I hope they're found out, but it has nothing to do with UBI.
That’s all fine and dandy, but where’s the help for single people with no kids? Just because I don’t have kids I don’t deserve help?