Last updated on: 12/18/2019 12:29:01 PM PST
Should the US Implement a Universal Basic Income (UBI)?
Universal Basic Income (UBI) is a cash payment given at regular intervals by the government to all residents, regardless of their earnings or employment status. Proponents of UBI say that it reduces poverty and income inequality, encourages employment and skills training, and values normally unpaid roles such as homemakers and caregivers. They also say it improves the health of recipients and empowers women. Opponents of UBI say that it does not reduce poverty, that it deprives the poor of needed targeted support, provides a disincentive to work, and weakens the economy. They also say it is unaffordable and less effective than targeted aid and welfare. Read more about the top pros and cons of UBI.
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