Economists: Guaranteed Income Programs Should Replace, Not Supplement, Other Welfare Subsidies

Economists: Guaranteed Income Programs Should Replace, Not Supplement, Other Welfare Subsidies

by Tom Gantert

In Hudson, New York, participants in the city’s guaranteed income program that started in 2020 were counseled on how the $500 a month they were set to receive over a 5-year-period would impact other government subsidies for which they are eligible.

“Will participants lose other public benefits that they might currently be receiving?” the program’s website asked on the Frequently Asked Question section. “This question can only be answered on a case-by-case basis. Prior to committing to participating, all recipients will be offered benefits’ counseling to decide if participation is best for their specific situation.”Universal basic income […]

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