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Colorado's Universal Basic Income Experiment Gets Surprising Results
In November of 2022, "More than 800 people were selected to participate in the Denver Basic Income Project," reports the Colorado Sun, "while they were living on the streets, in shelters, on friends' couches or in vehicles. One group received $1,000 a month, according to the article, while a secon...
Amazingly, about 45% of participants in all three groups"were living in a house or apartment that they rented or owned by the study's 10-month check-in point, according to the research." The number of nights spent in shelters among participants in the first and second groups decreased by half. Researchers tallied an estimated $589,214 in savings on public services, including ambulance rides, visits to hospital emergency departments, jail stays and shelter nights...
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