The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Santens: One week of Fed liquidity could fund a $2,000 monthly UBI
“We could actually be paying for a 2000 dollar a month fully universal basic income for the amount of money that the, in, in, in the Fed is doing in one week.”
Santens: A $1,000 monthly UBI for US citizens costs $3 trillion gross
“So if you do that, and then if you're going to do a thousand dollars per month per person, and you're going to go to citizens in the United States, then it's a little over three trillion dollars. That's the gross cost.”
Santens: European companies absorb about half of VAT increases on average
“We also see in Europe, too, that around, on average, about half of that is passed on, and about half is absorbed”
Santens: Consumer economies collapse under automation without decoupled income
“If you eliminate someone's job, then as long as income is coupled to jobs, then you actually are reducing their ability to spend on the stuff that the machines are making. So as you automate more and more, then the entire consumer based system breaks down beca…”
Santens: $2,000 monthly stimulus checks will prevent business failures during COVID-19
“So if you do have that money, if you do, if we make sure that everyone gets 2000 dollars a month for the rest of this crisis, Then first of all, you prevent a lot of those businesses from failing that would otherwise have failed. You grow and stimulate these b…”
Santens: 1970s Gary guaranteed income experiment boosted homeownership by 26%
“In Gary, Indiana, and that experiment, we saw that there was a large increase in homeownership. So people use that money and they use that to buy homes. It actually increased homeownership by 26%.”
Santens: Nationwide UBI will reduce rental price pressure in major cities
“If you enable people to actually move from cities to rural areas, And it would even make sense to do that because your, you know, thousand dollars or 2000 dollars or whatever it is, is going to go further in those lower cost of living areas. Then again, you're…”
Santens: Every dollar in Canada's Child Benefit increases GDP by two dollars
“Every dollar distributed actually increases GDP by two dollars.”
Santens: Pandemic job losses will not return due to machine automation
“Are all those people going to go back to their jobs? No, they are absolutely not going to go back to their jobs. You're going to have a lot more machines doing a lot of these jobs for one thing.”
Santens: Post-pandemic job recovery will be worse than the 2008 recession
“So we're gonna, I expect us to see something even worse than we saw the last time this happened when, you know, it took 10 years to create all these jobs that we just lost in a matter of time.”
Santens: US economic productivity has doubled since the 1970s
“That our economy has actually grown twice as productive as we were back in the seventies.”
Santens: A 10% US VAT generates around $800B in revenue
“If you have a 10% value-added tax, then that generates around eight hundred billion dollars worth of revenue.”
Santens: 1970s Manitoba basic income study reduced hospitalizations by 8.5%
“So one of the impacts in the Delphine Manitoba study in Canada in the 19 seventies was a reduced hospitalization rate of 8.5%.”
Santens: 80% to 90% of health outcomes stem from social determinants
“There's a lot of, you know, 80 to 90% of healthy outcomes are actually through the social determinants of health.”
Santens: Direct cash portion of TANF funds dropped from 70% to 23%
“Now they're supposed to spend that money on the poor and it's supposed to be a cash program. But there is enough leeway involved that the amount of cash has actually decreased from what was originally over 70% to now 23%.”
Santens: The US spends $1.5 trillion annually on tax expenditures
“And then also I want to stress too that we do 1.5 trillion dollars in tax expenditures every year. So there's a lot of, say, welfare that's written into the tax code.”
Scott Santens: Economists overwhelmingly rejected Charles Murray's plan to replace welfare with UBI
“Charles Murray's plan is to actually cash out everything and just provide people this universal basic income, and it actually, it was asked of economists if they would approve of that, and, like, it was virtually, like, no economist approved of that approach”