UBI Works πŸ‡¨πŸ‡¦ Profile picture
Jan 24 β€’ 7 tweets β€’ 2 min read
CERB proved that #BasicIncome works. πŸ‡¨πŸ‡¦

RT if you agree πŸ‘
We'd save more money with basic income than without it.

Canada's leading entrepreneurs support basic income because it would've helped them as they started their businesses too.

As employment recovered, fewer and fewer people took CERB. When it evolved into CRB, workers kept part of benefit when they began earning income, so that they always earn more while employed.

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More from @ubi_works

Jan 24
Incredible findings from an active Basic Income pilot in Hudson, NY.

Employment INCREASED for both cohorts, 72% and 150% above baseline.

Similar to Ontario Basic Income Pilot data, and 1/3 of those working found HIGHER paying work.‡️ Image
Basic income recipients self-reported increasing savings.

β€œEven if it's a hundred dollars, a couple hundred, I see how much I can contribute every month…so my present self is taking care of my future self in some way.”‡️ Image
And mental and physical health is up. Similar results in Ontario Pilot. Not surprising, but always great to see the data!

β€œ[With HudsonUP] I could prioritize my mental and
emotional health.”

β€œI can view my life in a more positive light now that I have money.”‡️ Image
Read 7 tweets
Jan 23
Basic income doesn't make people unwilling to work.

It makes them unwilling to accept exploitative work.
Basic income has given workers more bargaining power to push for higher wages and better jobs, rather than accepting the first job available to them.

It's allowed many to start their own businesses or go back to school to gain new skills.

ubiworks.ca/blog/wage-shor…
Read 5 tweets
Dec 9, 2020
New report shows #BasicIncome can speed up Canada's recovery & grow the economy sustainably:
πŸ’°$80B/yr in GDP
πŸ‘©β€πŸ’Ό600K jobs
πŸ“ˆ$15B/yr business investments to expand/hire
πŸ’΅$32B/yr in total wages
πŸ’ͺ3.2M families out of poverty

Report & Highlights: UBIWorks.ca/groweconomy

#ubiworks
1. #BasicIncome can grow the economy and create jobs.

It could grow Canada’s economy $80B/year β€” like adding Saskatchewan's economy, or tourism+hospitality industries combined every yearβ€” and create 600,000 jobs in 5 years. #ubiworks

UBIWorks.ca/groweconomy
2. #BasicIncome can be good for business.

Money in Canadians’ hands will be spent in local economies, causing businesses to increase private capital investments up to $15B/year β€” more than 2x Canadian venture capital investments a year. #ubiworks

UBIWorks.ca/groweconomy
Read 10 tweets

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