Has COVID given us an opportunity to try UBI on a ...
) 3 hours ago UBI is Universal Basic Income. The idea is based on future economies providing fewer jobs than prospective employees; therefore, permanent unemployment and/or welfare will have to be provided to a significant number of people. The first Covid relief bill passed under the previous administration included a $600 subsidy to unemployment compensation resulting in a significant number of ex-employees making more money in unemployment than they ever did while working. The new bill, signed by Biden, has cast the subsidy down to $300. Even that subsidy is rich enough for many peop...