I mean, sorta, sure, I don't know how it all plays out. All I know is that there will be a significant portion of the population that could use that money well to pay bills and buy necessities without worry.
I'm not an economist, so I don't pretend to understand all the ins and outs, but I think that the system as is will require more social safety nets than we currently have to keep the population from revolting. Ugly, but true.
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"You know, that's kinda why I came here, to show that I don't suck that much" ~ Devin Cooley, Professional Goaltender
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