Imagine if the government gave every American adult $2,500 a month in real dollars (30K annually) for the rest of their lives – no strings attached. Seems crazy right?
Not so fast – this idea is known as Universal Basic Income (UBI). I believe UBI will be the solution to a myriad of economic problems we currently face. I have listed some things to consider when talking about UBI.
Benefits: Provides a social safety net for all Americans. This would eliminate homelessness and extreme poverty among the most vulnerable Americans.Addresses concerns from automation and technology significantly increasing structural unemployment. It […]