Key point: A recurring stimulus could help the economy and ensure folks are able to take risks like start businesses. However, if universal basic income kept folks from working that would be a bad idea.
When businessman Andrew Yang ran in the Democratic primaries for president in the 2020 cycle, his signature proposal was what he called the “Freedom Dividend,” which would have given a UBI (universal basic income) of $1,000 a month to every adult in the country.
“This is independent of one’s work status or any other factor,” Yang’s campaign website said of the Freedom Dividend proposal. “This would […]
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