Mark Donovan on UBI: Denver Universal Basic Income Trial

Mark Donovan to discuss "Basic Income in Action"

The implementation of a basic income floor can create safer and more stable communities by addressing homelessness and poverty and providing individuals with financial stability and agency over their resources.

• Creating a basic income floor can lead to a safer and more stable economy and communities by avoiding the downstream costs and trauma caused by homelessness and poverty.

• In response to the economic impact of COVID-19, the speaker founded the Denver Basic Income Project to provide cash assistance to those in need and has observed positive outcomes.

• Basic income in action shows that providing people with financial stability and agency over their resources leads to improved allocation of resources and accelerated pathways to housing and work.

• We need funding and support to continue organizing rallies and marches to demonstrate the positive impact of direct cash in creating safer and more stable communities.

Key insights

• 💡 Basic Income aims to create a more stable economy and communities by providing an income floor, thus avoiding the downstream costs and trauma associated with homelessness and poverty.

• 💰 "I saw so many people losing sources of income and stability and I felt the need to take cash assistance to people experiencing the impact of COVID."

• 💰 Basic Income in Action has shown that providing people with a basic income leads to financial stability and accelerated pathways to housing and work.

• 💰 "We want to show the power of direct cash to create safer and more stable communities."