“A corrections officer in New Hampshire said to me, “We should pay people to stay out of jail because we spend so much when they’re behind bars.” We think we’re saving money, but we just end up spending the money in much more dark and punitive ways.” — Andrew Yang
"27.1 percent, benefited from at least one means-tested poverty program. The biggest benefits here were Medicaid (19.5 percent), food stamps (12.7 percent)...". Medicaid is untouched by FD, so assume food stamp percentage (12.7%) is representative of number of participants in one or more programs offset by FD.
Only programs that are means-tested and NOT contributions-based overlap with FD per Medium article .
Demonstrable decrease in property crime in study of Alaska Permanent Fund Dividend, but UBI amount was much smaller and difficult to extrapolate to a much larger basic income of $12k/year proposed by FD. Assume 30% reduction.
Model based primarily on 2017 statistics due to availability of public data.
Freedom Dividend Math
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Andrew Yang is running for President as a Democrat in 2020 to implement the Freedom Dividend. This form of UBI that he is proposing for the United States is a set of guaranteed payments of $1,000 per month, or $12,000 per year, to all U.S. citizens over the age of 18.