The case against universal basic income — Jason Loh

The case against universal basic income — Jason Loh

NOVEMBER 30 — Despite its appeal to many, including politicians and activists who have called for the implementation of universal basic income (UBI) under Budget 2021, UBI is inherently prone to misuse so that fiscal policy could be better deployed in more effective, productive and sustainable ways.

Fiscal policy that directly creates employment will definitively address the worry over job and job security which ranks as the number one worry for the rakyat according to the National Worry Index (NWI) of EMIR Research’s Third Quarterly Poll 2020.

UBI doesn’t just mean cash payment. In this, it’s different altogether from cash transfer […]

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