LogFAQs > #907756897

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Topic	Looks like Basic Income failed again, this time in Canada.
GreatEvilEmpire 08/29/18 1:33:21 PM #176:	Capn Circus posted... Why it ended early is linked within the article Mal posted. "MacLeod said the "broken" program isn't working. Asked by reporters how she knows the program isn't working if the data hasn't been studied yet, MacLeod said, "for the amount it was costing the province of Ontario ... it was certainly not going to be sustainable." https://www.huffingtonpost.ca/2018/07/31/ontario-basic-income-pilot-cancelled-by-minister-lisa-macleod_a_23493366/ Exactly. It was unsustainable. $150 Million over 3 years for just 4000 people ($37,000 per person). Anyone who understands basic arithmetic knows that this will not work in the long run. That money has to come from somewhere... taxpayers. It doesn't grow on trees. --- Sig under construction! <cite>GreatEvilEmpire posted [p:907756897] in Looks like... [t:76947176]...</cite> <quote><cite>Capn Circus posted...</cite> <quote>Why it ended early is linked within the article Mal posted. "MacLeod said the "broken" program isn't working. Asked by reporters how she knows the program isn't working if the data hasn't been studied yet, MacLeod said, "for the amount it was costing the province of Ontario ... it was certainly not going to be sustainable."</quote> https://www.huffingtonpost.ca/2018/07/31/ontario-basic-income-pilot-cancelled-by-minister-lisa-macleod_a_23493366/ Exactly. It was unsustainable. $150 Million over 3 years for just 4000 people ($37,000 per person). Anyone who understands basic arithmetic knows that this will not work in the long run. That money has to come from somewhere... taxpayers. It doesn't grow on trees. --- Sig under construction!</quote> ... Copied to Clipboard!
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