Universal basic income: A ‘humane’ idea whose time has come, or a $3 trillion black hole?

Universal basic income: A 'humane' idea whose time has come, or a $3 trillion black hole?

Musk and Zuckerberg say UBI could help transition workers who lose their jobs to robots. Others see it replacing all existing government social welfare programs. UBI opponents warn the controversial idea violates the work ethic and could even make poverty worse.

What if the federal government gave everyone a check, every month?

Tesla CEO Elon Musk and Facebook CEO Mark Zuckerberg are among those who say universal basic income, or UBI, is a good idea. With inequality widening, the idea of an unconditional, periodic cash payment that the government makes to everyone has suddenly become a hot topic.The idea is […]

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