Facebook’s Co-Founder on How to End Poverty in the U.S.

This generation could potentially end poverty “once and for all in the United States.” That’s according to Chris Hughes, author of “Fair Shot” and co-founder of Facebook.

His radical plan to get there? A guaranteed income of $500 a month for people earning less than $50,000.

Many of the jobs that have been added to the U.S. economy over the past decade are “part-time, contract, or temporary,” explained Hughes. “They’ve been fundamentally unstable. We’ve created…a winner-take-all economy.”“So in my view this isn’t about pitchforks coming for the rich…It’s about what we owe one another.”Hughes’ proposal would be funded by the people […]

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