Can Cities Afford Guaranteed Incomes?

Can Cities Afford Guaranteed Incomes?

Some cities are experimenting with modest guaranteed income programs, but these are not the … [+] getty In 2020, Andrew Yang centered his presidential campaign on “ The Freedom Dividend ”—a universal basic income (UBI). Although Yang’s candidacy (and proposal) went nowhere, the idea of a guaranteed income is still alive, and cities are experimenting with a more modest version of it. But these modest programs won’t reform the welfare state or provide the broad changes needed to address inequality in cities and the nation.

The New York Times NYT +4% highlighted the issue today, saying that guaranteed income, […]

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