@scottsantens: Canada’s PBO report on basic income says one identical to the Ontario pilot would cost $87 billion/yr and cut poverty in half. Cost of poverty is $84 billion/yr. Net cost is thus $45 billion. However it would also grow the economy by $80 billion/yr.Would you spend $45 on $80?
Canada’s PBO report on basic income says one identical to the Ontario pilot would cost $ 87 billion/yr and cut poverty in half. Cost of poverty is $ 84 billion/yr. Net cost is thus $ 45 billion. However it would also grow the economy by $ 80 billion/yr.
Would you spend $ 45 on $ 80? https://t.co/PCaK02tpHS
— Scott Santens 🧢🏄♂️ (@scottsantens) April 7, 2021
Scott Santens (@HumanityForward) / Twitter