MeidasTouch Exclusive: Momentum for UBI grows, 11 US mayors start guaranteed income coalition

MeidasTouch Exclusive: Momentum for UBI grows, 11 US mayors start guaranteed income coalition

Just a year ago the thought of Universal Basic Income was considered radical. Then, Andrew Yang burst on to the scene with the idea of giving every single American $1,000 per month, no strings attached, in perpetuity.

The idea was slow to gain steam from political figures. But as 20 million people are facing evictions by September, unemployment sits at 13.3 percent, and coronavirus cases set new record-highs , the pandemic has served as a wakeup call.

11 United States mayors have formed a coalition, Mayors for a Guaranteed Income, with the hope of collectively advocating for guaranteed income and starting […]

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