Former Vice President Joe Biden once again just tore apart a new no-strings-attached welfare idea. If jobs disappear because of technology, the government should not just dole out cash handouts to Americans with no strings attached.
Universal basic income is a welfare system in which a federal government regularly sends out checks to all Americans regardless of employment or earnings. In essence, it’s giving away money for nothing.
Tech CEOs are now pushing the universal basic income idea as a response to the technological advances in artificial intelligence and automation potentially eliminating millions of jobs. Richard Branson calls universal basic income […]
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