Think about the federal government’s $1,200 coronavirus relief stimulus checks . Now imagine every adult in the U.S. receiving them on a regular basis. Such is the driving idea behind creating a recurring income stipend commonly known as universal basic income (UBI), an idea that’s come into focus during the coronavirus pandemic and throughout 2019, when Democratic presidential candidate Andrew Yang campaigned on a promise to establish a form of UBI that he called the "Freedom Dividend." Here’s everything you need to know about UBI, including what it is, the pros and cons, how it works and how likely […]
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