Like the coronavirus pandemic is crushing the economy and reshaping society, policymakers are trying to find ways to soften economic oppression. This means that policies once considered marginal are suddenly moving higher on the political agenda. Universal Basic Income – the idea of giving people non-committal cash spending – is one of those that is gaining traction.
The Trump administration took a very limited step in that direction by showing support for the $ 2 trillion emergency relief bill passing through Congress. The bill includes direct payments to Americans to help them weather the economic storm.
Under the incentive plan, individuals […]
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