Thatâ(TM)s certainly an interesting interpretation of the results.
Glancing through the source linked by the CNN article, this appears to be their published data:
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fstatic1.squarespace.co...
The charts seem to show that yes, people who were given a relatively large lump sum of cash were suddenly able to spend more cash on everything.
For the first ~6 months they appear to increased their spending on everything including housing, clothes, food.
After 6-9 months their month-to-month metrics then appear to fall back in line with the ones who were not given the cash. The accumulated monthly totals the researchers are using continue to look good due to the cash influx but the monthly metrics certainly look like the cash provided a short temporary bump and everyone ended up back in the same spot at the end.
âoeBut they spent less on drugs and alcohol!â
Careful. Based on one of the carts in the back of that deck it appears that they spent less as a relative percentage of their total monthly spend (~8% vs ~12%) but the group that was given cash was spending more.
If you compare absolute values spent on average on alcoholic and drugs then the group that was given cash spent 11% more on average on alcohol and drugs over the course of 12 or 18 months.
But remember, most of the metrics fell back in line with the control group after 6-9 months. If we assume absolute monthly spend on alcohol and drugs follows the same pattern (it absent from the published data) then one would have to assume the monthly spend on alcohol and drugs was noticeably higher in the first few months and then fell back to the control baseline once the money ran out.
Of course, some of that is speculation weâ(TM)re forced to make since the raw data isnâ(TM)t published and the authors are pulling a few tricks with their results.