Social Security and COVID Stimulus: The Greatest Basic Income Experiments of All Time

Social Security and COVID Stimulus: The Greatest Basic Income Experiments of All Time

Universal basic income (UBI) is easy enough to grasp conceptually. The government simply gives people money without regard to employment status and without regard to need. In the United States, one idea gives $1,000 per month to every adult in the country. Given today’s living standards, $2000 per month is more reasonable. Married people get $48,000 per year from the government. Although not quite middle class, the amount is enough to keep people above the poverty line. Bolder proposals would give more money to help ensure people can be in the middle class.

For many people raised in a capitalist […]

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