A new study on the universal basic income contends that giving every American adult a $1,000 cash stipend per month would grow the economy by 2.5 trillion by 2025.
The study came from the left-leaning Roosevelt Institute . Three proposals were analyzed during this study: a full UBI where every adult gets $1,000 per months ($12,000 per year), a partial basic income where every adult receives $500 monthly ($6,000 a year), and a child allowance where parents received a monthly stipend of $250 per month ($3,000 a year).
The report argues that the larger the UBI, the more the economy would […]
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