Experts Say Universal Basic Income Would Boost US Economy by Staggering $2.5 Trillion

Experts Say Universal Basic Income Would Boost US Economy by Staggering $2.5 Trillion

In addition to helping counteract any automation-caused unemployment, a universal basic income could also provide a huge boost for the US economy, according to a new study from the Roosevelt Institute. They predict a $2.48 trillion increase in the nation’s GDP after eight years of UBI. UBI in the U.S.A.

In recent months, everyone from Elon Musk to Sir Richard Branson has come out in favor of universal basic income (UBI), a system in which every person receives a regular payment simply for being alive. Now, a study carried out by the Roosevelt Institute has concluded that implementing a […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.