Categories: economy

The U.S. economy could significantly rise after benefits

Every American would receive $ 12,500 per year.

To such conclusion researchers from the Institute of Roosevelt. Analysts believe that the payment of a basic income (BoD) will allow people to buy more, but it will not make them quit. As a result, the payment of benefits to all Americans, without exception, will only strengthen economic growth.

Institute Roosevelt, known for his support of left-liberal ideas, analyzed several scenarios for the introduction of Boda in the United States. Experts have studied the economic consequences of the introduction of monthly allowances for all adults in the amount of $500 or $1000, as well as monthly benefits to children of $250.

To collect funds for the payment of Boda experts offer due to an increase in the Federal debt. But even if the increase in debt, the US economy will grow, and with the introduction of any of the three scenarios of payments.

Analysts have come to the conclusion that the maximum payout — $1000 per month or $12 000 a year — will be most effective. For eight years, the benefits will lead to economic growth of 12.6%-13,1%. Thus, America’s GDP will grow by $2.5 trillion.

When you forecast researchers at the Institute for Roosevelt to take into account that the recipients of Bode will continue to work. Previous studies of unconditional payments confirmed that people not quit their jobs after receiving benefits. However, the majority of experiments were carried out in developing countries, and their scale has been limited.

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