The Geiger Counter: The national debt is high — universal basic income will make it higher

The Geiger Counter: The national debt is high — universal basic income will make it higher

The robots are taking over, and they want your job.

Our nation’s economy is changing. From Lordstown, Ohio , to LaPlace, Louisiana , factories and plants are shutting down at a considerable rate as a result of automation . As a letter to the editor in The Post put it last week “Mini-robots are literally taking our jobs.”

What that letter gets wrong, however, is that a universal basic income (UBI) is a solution to the increasing economic threat of automation. The answer to declining factory jobs, instead, is to teach these people new skills for a new economy, not to […]

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