ANOTHER PERSPECTIVE …
Our friend Robert Romano of Americans for Limited Government ( GetLiberty.org ) has a great piece up this week detailing the pitfalls of a proposed “universal basic income” system.
What is universal basic income? It’s a proposal in which the federal government would guarantee that all citizens – whether they work or not – receive a specified annual income (or basic income guarantee) beginning after their sixteenth birthday.According to Romano, such a system would mark the end of capitalism as we know it. Specifically, he says adding this new entitlement would “crowd out other potential opportunities in […]
Full Post at www.fitsnews.com