Universal Basic Income is a great idea, but California is taking the wrong approach

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On February 20, 2020, California Assemblymember Evan Low introduced Assembly Bill 2712, the California Universal Basic (CalUBI) program.

Modeled after former Democratic presidential candidate Andrew Yang’s Freedom Dividend , CalUBI would provide all Californians over the age of 18 with the option to receive $1,000 per month. Individuals currently qualifying for benefits from California social safety net programs, however, would have to choose between those programs and CalUBI.This zero-sum approach fails to solve our economic challenges, and it might actually worsen them.Gutting the existing social safety net to introduce UBI plays into the harmful scarcity mindset that created income […]

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