Sunday, January 8, 2023

Universal Basic Income Is A Positive For The Individual And Society

"Sarah Moran joins the program to discuss the benefits of UBI. Universal basic income (UBI) is a cash payment made by the government to all citizens, regardless of income or employment status. One of the key arguments in favor of UBI is that it has a multiplier effect on local economies. When people receive a UBI payment, they are more likely to spend it on goods and services, which in turn boosts demand for those goods and services and leads to increased economic activity. This increased demand can lead to increased production, hiring, and ultimately, economic growth. Additionally, UBI can reduce poverty and income inequality, which can also have positive effects on local economies."

Click on the link before for an enlightening 8-minute video interview regarding this controversial subject:


No comments:

Post a Comment

Labels


Click on image

Choose how you look at reality wisely. Yes, it is a binary choice.

Choose how you look at reality wisely. Yes, it is a binary choice.
Click on image