A Universal Basic Income (UBI) is set to be tested in Wales, with adults around the country receiving a lump sum of money regardless of their financial condition.
The theory, which has long been promoted by the left in response to concerns about automation and an aging population, is that the plan will cover the basic costs of living, allowing more disposable income to be pumped into the economy and increasing the standard of living for those covered.
The pilot will “see if the basic income commitments are actually delivered,” according to First Minister Mark Drakeford.The Conservatives, on the other […]
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