Rural County’s New Universal Basic Income Experience – and the Arguments Against

Amid fears that advancements in technology may one day cut jobs, The Associated Press reports on a new experimental universal basic income program in upstate New York :

During the pilot program, funded by private donations, 100 county residents earning less than $ 46,900 per year will receive $ 500 per month for one year. The income threshold was based on 80% of the county’s median median income, meaning it includes both the poor and a portion of the middle class – people who face financial hardship but who might not normally be. eligible for government assistance based on […]

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