Joe Biden opposes Mark Zuckerberg and other execs on giving Americans free cash handouts

Joe Biden opposes Mark Zuckerberg and other execs on giving Americans free cash handouts

Unlike Mark Zuckerberg and various other tech and business moguls, former Vice President Joe Biden rejects the idea of giving Americans free cash handouts, an idea also known as universal basic income.

"There is a better way forward," he argues in a blog post on the University of Delaware’s website .

UBI would guarantee citizens regular payments from the government, regardless of employment status, wealth or age. That could help make up for the loss of jobs to robots, for example, since a study from Oxford University researchers predicts that 47 percent of U.S. jobs could be replaced by automated technology […]

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Your email address will not be published.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.