What do you think of the basic income proposal from Andrew Yang?

What do you think of the basic income proposal from Andrew Yang?

I’ve got several issues (mostly revolving around cost) with his idea: We currently spend between $500 and $600 billion a year on welfare programs, food stamps, disability and the like. This reduces the cost of Universal Basic Income because people already receiving benefits would have a choice but would be ineligible to receive the full $1,000 in addition to current benefits. So let me get this straight. If someone receives $1,000 in government assistance (utility aid, food stamps, medicaid, etc), they’ll have the option of just taking $1,000 cash instead? How does that help? They’re right in the same […]

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