(Note: this is a revised version of an earlier post , which was a revised version of an even earlier post . Prior versions of the Adult Student Basic Income were much more generous.)
The Problem
About 10% of Americans are chronically poor or near-poor, most of whom lack the skills to move up the economic ladder. The Challenge Alleviate poverty Incentivize skill development Increase social mobility at lower-income levels Increase labor market participation All without raising taxes very much The Proposal Adult Student Basic Income (ASBI): $800/month up to 18 months total, […]
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