Basic income would grow GDP by $2.5 trillion, study finds

A monthly check of $1,000 delivered to every American adult would
grow the US economy by roughly $2.5 trillion over eight years, a

new study found.
Conducted by the left-leaning Roosevelt Institute, the study investigated three strategies for implementing basic income, a form of wealth distribution that involves giving everyone a standard salary just for being alive.Proponents of basic income say it would reduce or even eliminate poverty , while skeptics say it could erase people’s motivations to keep working, possibly ruining the economy instead of improving it.The three basic incomes proposed by the study were $1,000 […]

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