Universal Basic Income (UBI) has been all the talk recently with the likes of Mark Zuckerberg, Bill Gates, Elon Musk, Hillary Clinton and former president Barack Obama voicing their gleaming support. At first glance, this proposal seems like a refreshingly simple alternative to the United States’ current welfare program (and hey, we all get a piece of the pie!) In reality, the “U” in UBI turns out to be the most damning aspect of this “plan,” if you can call it that. Here are 6 reasons why UBI is a terrible idea.
For the purpose of demonstrating my point, let’s […]
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