Universal Basic Income Is A Hot Welfare Idea — But Can It Be Funded?

Universal Basic Income Is A Hot Welfare Idea — But Can It Be Funded?

Universal Basic Income — or UBI — is a trendy but controversial idea among politicians and Silicon Valley leaders . The concept is simple: giving money to people every month without strings attached and at taxpayers’ expense.

Proponents of the program hope it can reduce income inequality and soften the blow for those — like truckers — who could soon lose their job due to automation. They also argue that UBI could replace or supplement other more selective forms of welfare.

"People are working hard, they’re working very hard, they’re working one, two, and sometimes three jobs, they’re working until there’s […]

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