Prime Minister Justin Trudeau hasn’t exactly sounded enthusiastic about the idea of a universal basic income. As far as public policy proposals go, a universal basic income couldn’t be simpler. If a Canadian falls below a certain income threshold, they get a cheque from the government.
But even proponents of the policy admit that it will be costly — tens of billions of dollars, even in the most modest estimates — for a plan that would, in their view, be a one-shot poverty-fighting plan. Detractors consider it an expensive sledgehammer, when more precise tools could do the job.
The idea has […]
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