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."