Experts Say a Universal Basic Income Would Boost US Economy by Staggering $2.5 Trillion

Experts Say a Universal Basic Income Would Boost US Economy by Staggering $2.5 Trillion

UBI IN THE U.S.A.

In recent months, everyone from Elon Musk to Sir Richard Branson has come out in favor of universal basic income (UBI), a system in which every person receives a regular payment simply for being alive. Now, a study carried out by the Roosevelt Institute has concluded that implementing a UBI in the U.S. could have a positive effect on the nation’s economy.

The study looked at three separate proposals: a “basic income” of $1,000 per month given to every adult, a “base income” of $500 per month given to every adult, and a “child allowance” of […]

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