Universal Basic Income Is Not Sound Policy (Yet)

Universal Basic Income Is Not Sound Policy (Yet)

In the US, Universal Basic Income (UBI) has become ever salient as the public grows more fearful of mass job displacement . The policy is a type of social security that guarantees a fixed amount of income to citizens. Andrew Yang drew attention to the idea during this year’s Democratic presidential primary through the “Freedom Dividend,” which would distribute an unconditional $1,000 a month to adult citizens; it is seen as a guaranteed income to tackle the forthcoming technological shift that will displace millions of American workers.

While UBI is certainly a good idea, there is reason to be skeptical. […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.