Two major US presidential candidates’ basic income proposals fall short in the battle against poverty, technological job loss, and income inequality.
Importantly, two contenders for the 2020 Democratic presidential nominees are pushing basic-income schemes. However, I think both proposals are deeply flawed and do not go far enough.
The most important basic income plan comes from US Senator Kamala Harris (D-California). Harris’s proposal; the LIFT Act, is notable, because it is the first basic income proposal from a major mainstream American political figure since 1972. To explain, US Senator George McGovern (D-South Dakota) had a basic income proposal in his 1972 […]
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