Paul Krugman says Universal Basic Income would cost more than what is politically possible at the moment, or the amount of money people would receive would be inadequate. The Nobel Prize winning economist says the U.S. should focus more on targeted programs as an alternative, like universal healthcare and child care support. He also discusses what could cause the next recession, stagnant wages, redistribution and geographic income inequality.
Political philosopher and economist Karl Widerquist remembers a poll from 10 years ago that showed just 12 percent of Americans approved of a universal basic income.
That’s changed — and quickly. Today, 48 […]
Full Post at www.youtube.com