Universal Basic Income Universal basic income ( UBI ) is a government program in which every adult citizen receives a set amount of money on a regular basis. The goals of a basic income system are to alleviate poverty and replace other need-based social programs that potentially require greater bureaucratic involvement.
This sounds like a good Idea however UBI is a flawed idea , not least because it would be prohibitively expensive unless accompanied by deep cuts to the rest of the safety net. In the U.S. (population: 327 million), a UBI of just $1,000 per month would cost around […]
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