paying people not to work results in them not working , gee wiz
the staff of the Ridgewood blog
Ridgewood NJ, a recent study by the National Bureau of Economic Research (NBER) delves into the effects of providing low-income individuals with $1,000 per month in non-work related payments over three years. The findings raise significant questions about the impact of such policies on recipients’ behavior.
This study is particularly relevant as Vice President Kamala Harris and many Congressional Democrats advocate for Guaranteed Income—a policy aimed at boosting incomes for low-income families through regular, unconditional cash payments.
The NBER study revealed that the introduction of these payments led to a “fairly substantial” reduction in work hours. Specifically, recipients reduced their weekly work hours by nearly three hours on average. Moreover, the study found no evidence of improvements in job quality or human capital that advocates had hoped the cash benefits would facilitate.
For many outside the political sphere, these findings may come as no surprise, reflecting a basic understanding of human nature. However, it remains to be seen whether these results will influence the positions of proponents like Vice President Harris.
The debate over Guaranteed Income continues, with this study adding crucial data to the discussion. How policymakers will interpret and act upon these findings could shape the future of income support programs in the United States.
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