What would you do if the government gave you $1000 monthly? What would it enable you to do? While this idea may seem far-fetched, its implementation may soon become a reality. After all, the popularity of a Universal Basic Income, or UBI, has risen in the last few months.
A UBI defines the idea of periodic cash payments given to a population with minimal or no requirements to qualify for funding. Supporters of a UBI claim the money will then allow recipients to live above the poverty line and thus improve their standard of living.
In this article, we explain why […]
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