Germany begins Universal Basic Income trial where people get $1,400 every month for 3 years

Germany begins Universal Basic Income trial where people get $1,400 every month for 3 years

As the world continues to struggle with an unprecedented recession triggered by the coronavirus pandemic, governments across the globe are scrambling to find ways to minimize the social and financial damage amid the tsunami of evictions, job losses and hunger.

Amid the deepening crisis, Germany is set to begin a new trial for universal basic income (UBI), which will entail 120 citizens receiving €1,200, or about $1,430, every month for three years – an amount just above the poverty line in Europe’s largest economy.

The volunteers’ experience living on the amount will be compared with that of 1,380 other German citizens […]

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