How UBI proposals distract from the real problem: housing costs.
By: Chares Blaine
In an effort to reduce poverty in their cities, eleven mayors have signed on to a push to guarantee a basic income for the more than 5 million people they collectively represent.The first U.S. city to move forward on this initiative was Stockton, California, but the effort has gained more steam given the unemployment uptick due to Coronavirus-related government shutdowns of the private sector.While the policy is well-intentioned, it’s far from the most effective way to eradicate poverty in America’s cities and, in the long-term, could have […]
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