Universal Basic Income: To UBI or not to UBI

Universal Basic Income: To UBI or not to UBI

The catastrophic collapse of family incomes from lockdowns worldwide when COVID-19 hit has spurred interest in universal basic income (UBI) programs. It seems especially urgent now as socioeconomic statistics come in. Officially reported poverty increased in the first semester of 2021, the recently released December 2021 labor force figures set up the Duterte administration to have the biggest increase in unemployment in the post-Marcos era, and so-called job creation is virtually all in poor quality informal work.

Pope Francis visibly pushed for UBI last year, some lawmakers have tossed the idea around, and the lone Leftist presidential candidate in the […]

Leave a Reply

Your email address will not be published.

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