Learn English: Universal Basic Income: A Political Tightrope (normal)

1 week ago

Universal Basic Income: A Political Tightrope

Universal Basic Income (UBI) is a system where everyone receives regular government payments, regardless of their circumstances.

Initially dismissed as unrealistic, UBI gained traction due to Andrew Yang's advocacy and the COVID-19 stimulus checks.

Although UBI offers potential solutions to poverty and inequality, it faces considerable political opposition.

Ongoing debates revolve around the financial costs, potential impacts on work ethic, and the fairness of targeted programs.

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Source

Original: Business Insider

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#Universal Basic Income #UBI #Politics #Economy #Social Welfare

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