Report: Universal basic income gains momentum in America – News

Report: Universal basic income gains momentum in America – News

COLETTE SMITH and her husband are both out of work. They had exhausted their savings, when she received a one-time $1,000 cash infusion as part of a scheme run by Neighbourhood Trust, a financial coaching non-profit, and Humanity Forward, an organisation devoted to building support for universal basic income (UBI) founded by Andrew Yang. UBI was the centrepiece of Mr Yang’s run for the Democratic presidential nomination, in which he advocated a guaranteed income of $1,000 a month, a “Freedom Dividend”, as he called it, for every American adult, regardless of their financial circumstances.

There are two big hurdles to […]

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