Guaranteed income from the government isn’t the answer to closing the wealth gap

These are incredibly tough times for Texas and all Americans. On top of the economic pain from months of shelter-in-place orders, the violence and unrest we’ve seen arising from the death of George Floyd has brought economic inequality to the top of the political discussion.

Many progressives are preaching about universal basic income, or UBI, as one way to address lack of economic advancement. Most basic income plans would send people a check of up to $1,000 per month to essentially stay home and do nothing.

For starters, the economics of UBI are questionable, and the public policy implications are worse. […]

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