Your Mayor’s Worst Idea Yet?

Your Mayor’s Worst Idea Yet?

Pop quiz: Who said this? “Everyone deserves an income floor through a guaranteed income.”

Hint: It wasn’t Marx, Stalin, or Engels. It was the mayors of 62 American cities from Providence to Tacoma. They are all proud signatories to a group called Mayors for a Guaranteed Income.

Until a few years ago, universal basic income, or UBI, was a concept about which most Americans remained blissfully ignorant. It wasn’t until presidential candidate Andrew Yang announced his plan for a UBI of $1,000 direct payments to citizens that talk of a UBI became commonplace. Called “the Freedom Dividend,” Yang’s plan would have […]

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