I’ve researched the question, “What are the reasons against Universal Basic Income (UBI).” I call it “Social Security for All.”
Here is a summary of the anti-UBI claims: 1. Cost and Feasibility : One of the primary concerns is the high cost of UBI. For example, in the United States, a UBI of $12,000 per year for every adult would cost over $3 trillion annually/ 2. Inflation: UBI could lead to inflation. If everyone has more money to spend, demand for goods and services might increase, driving up prices and potentially negating the benefits of the additional income. 3. […]
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