Democrat-run cities continue to dangle promises of no-strings-attached guaranteed income to their residents, but how feasible is the idea of a federal Universal Basic Income (UBI) program for all Americans?
Turns out, welfare experts don’t believe it is at all likely to succeed, for one simple reason: math.
To provide America’s 332 million citizens with even $10,000 per year would cost an unsustainable $3.3 trillion — “more than three-quarters of the federal government’s entire annual budget,” according to the Daily Mail .But that hasn’t stopped local administrations across the states from test-driving programs that provide guaranteed payouts to lower-income households to […]
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