For every $1 given to each of the 1000 test subjects, income dropped by $0.12 cents on average. That means that the overall drop in pay was $12 per month, or less than 2 hours per month, at minimum wage.
Now, let’s extrapolate more info from this:
Prior to receiving $1000 per month, the average income was $30,000 per annum , which is ~$14.42 an hour. This means that the average number of hours worked dropped less than an hour a month.
The reporting you are sharing is amazingly biased, with sensationalistic headlines determined to skew views against UBI.
The actual numbers:
For every $1 given to each of the 1000 test subjects, income dropped by $0.12 cents on average. That means that the overall drop in pay was $12 per month, or less than 2 hours per month, at minimum wage.
Now, let’s extrapolate more info from this:
Prior to receiving $1000 per month, the average income was $30,000 per annum , which is ~$14.42 an hour. This means that the average number of hours worked dropped less than an hour a month.
The reporting you are sharing is amazingly biased, with sensationalistic headlines determined to skew views against UBI.
Source for my numbers.