Universal Basic Income has Failed in Theory and in Reality

Universal Basic Income has Failed in Theory and in Reality

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Universal Basic Income is economically bankrupt policy. In theory, it spikes price inflation, costs too much and eliminates the incentive to work. A new study from Finland has proven the theory behind this. Finland gave 2,000 unemployed individuals a UBI amounting to $634 per month, and these individuals were no more likely to pursue employment than those who were on the current welfare system. Universal Basic Income Has Destructive Effects

While the study indicates that the unemployed […]

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