There are bad ideas, and then there are really bad ideas. Universal Basic Income (UBI) is an idea that belongs in the latter category.
Back in 2020, during the Democrat presidential primary, businessman Andrew Yang seemingly introduced the idea to the wider public, touting it as a signature policy of his campaign platform. According to Yang, as the U.S economy evolved into more of a tech-heavy system, millions of Americans could find their jobs displaced nearly overnight. With these American workers lacking the skills for the new emerging economy, they would find it difficult to gain employment that paid well […]
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