In a recent piece for The Hill, Gonzalo Schwarz, a fellow at Archbridge Institute, argued that UBI is a solution in search of a problem, citing recent economic stats. Unemployment is low, the stock market is high, and income inequality, Schwarz argues, isn’t that big of a deal.
However, right now, in the wealthiest country in the history of the world, in the eighth year of an economic expansion, 44 percent of Americans can’t afford an unexpected $400 bill .
The automation of jobs isn’t the problem driving the need for universal basic income in the future. It’s the problem that’s […]
Full Post at thehill.com