The cost of free money

The cost of free money

JOHN STOSSEL

Some politicians and activists are eager to give you “free” money.

They call it universal basic income, or UBI — cash for everyone, no strings attached.Comedian Dave Chappelle thinks UBI would “save my community almost instantly.”In my new video, UBI activist Conrad Shaw agrees, “You would effectively get rid of extreme poverty immediately.”He says a UBI will help people “start businesses, fix their homes or invest in sustainable gardens.”Well, “sustainable gardens” might be nice, but someone still has to make stuff. And that requires work — often difficult work.When I was young, If I hadn’t needed to work to […]

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