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Why Is This Happening? The Chris Hayes Podcast

The Case for Unconditional Cash Transfers with Jiaying Zhao

Why Is This Happening? The Chris Hayes Podcast

MS NOW, Chris Hayes

Msnbc, The Chris Hayes Podcast, Government, Politics, Chris Hayes, Why Is This Happening?, Withpod, Versant, Ms Now, News, Society & Culture, Versant Media

4.69.1K Ratings

🗓️ 31 December 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

You’d probably guess that a major factor contributing to homelessness is a lack of money. Yet, very few programs provide unconditional and lump sum cash to unhoused individuals as a solution. There are a number of barriers that have impeded the broad implementation of this type of assistance, which include the lack of policymaker support and public mistrust in homeless people’s ability to manage money. Our guest this week found that direct cash transfers actually result in net societal savings over time. Jiaying Zhao is an associate professor, Canada research chair and a Sauder distinguished scholar at the University of British Columbia. She co-authored “Unconditional cash transfers reduce homelessness,” which was published recently in the Proceedings of the National Academy of Sciences journal. Zhao, who has personally experienced housing insecurity in the past, joins WITHpod to discuss the cognitive taxes of poverty, rethinking the homogenous narrative about who homeless people are, the most surprising findings from the study, intended policy changes and more.

Transcript

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0:00.0

Hey, with pod listeners, happy new year and given the holiday, we're going to reshare one of our most memorable conversations, one that's really stuck with me.

0:12.2

It's one I've thinking about recently because we just did a related conversation about universal basic income.

0:19.8

And so be sure to listen through to the end as we have some updates on this topic.

0:25.4

From what I've heard, the perception is changing, but very slowly.

0:30.9

But we do see a lot of pushback from, you know, people of the, you know, of a different party, especially the conservative party

0:40.0

in Canada, we do get a lot of pushback on deservingness, on how they spend the money,

0:46.0

and whether it's a worthy investment, and how do we pay for this program. And we're, obviously,

0:51.8

we're working and cooperating with them to nail out these details

0:55.9

but as you said Chris at the beginning

0:57.9

this is a rational approach. This saves

1:00.2

money at the end

1:01.6

and I just think it's

1:03.8

a no-brainer if we are

1:06.0

rational about this

1:07.7

then I hope that policymakers

1:09.6

and the public will eventually get on board with

1:12.6

a policy change.

1:16.7

Hello, and welcome to why this is happening with me, your host, Chris Hayes.

1:24.1

You know, a few years ago, Pope Francis was talking about giving money to the poor, giving the money to charity, giving money to folks that are unhoused that you may encounter on the street.

1:33.1

Sometimes we call panhandlers.

1:35.2

And he, an interviewer asked, but if I give him money to a homeless man, he goes out and spends it on a glass of wine.

1:42.3

And Pope Francis said, you know, that's okay.

...

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