US EditionLas Vegas Review-Journal: Universal basic income fails another test
- Universal Basic Income is designed to provide individuals with monthly financial support to cover essentials like food and housing, aimed at reducing income inequality and encouraging financial risk-taking, as noted by proponents.
- In 2022, a pilot program in Compton, California, gave nearly 700 households about $500 a month for two years.
- The program showed that average non-housing debt declined by $2,190 over 18 months, although this drop was not statistically significant.
- Critics argue that Universal Basic Income increases dependency rather than promoting self-sufficiency.
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Editorial: Universal basic income fails another test
There’s a reason that ideas from the progressive ivory tower need to be tested. Often, the grandest theories fall apart when exposed to the rigors of the real world. Consider the case of universal basic income, which is all the rage among many Democrats. The government would provide every individual with a monthly check. Proponents believe this would help people cover basic expenses, such as food and housing. This is supposed to reduce income “i…
·Boston, United States
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Omaha World-Herald+13 Reposted by 13 other sources
Las Vegas Review-Journal: Universal basic income fails another test
There’s a reason that ideas from the progressive ivory tower need to be tested. Often, the grandest theories fall apart when exposed to the rigors of the real world.
·Omaha, United States
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Total News Sources18
Leaning Left2Leaning Right2Center13Last UpdatedBias Distribution76% Center
Bias Distribution
- 76% of the sources are Center
76% Center
12%
C 76%
12%
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