Robert Rubin, former Treasury secretary, makes the case for a jobs program instead of universal basic income: Instead of embracing a large-scale federal jobs program, some people — especially in Silicon Valley — have rallied behind a different policy response to job and wage pressures created by artificial intelligence, robotics and other forces: the universal basic income. The basic income would provide a sizable government payment, meant to support a minimum standard of living, to every American regardless of economic status. Instead of helping Tiffany find work as a millwright, the government would just write her a check.
The universal […]
Full Post at stoweboyd.com