Washington Democrats are proposing the Evergreen Basic Income Pilot Program, aiming to provide recurring cash payments for two years to 7,500 low-income state residents with no strings attached. The ...
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Progressive cities gamble with universal income while inflation threat looms
The Big Money Show’ panel discusses Boulder, Colorado’s $500-a-month universal basic income experiment, taxpayer concerns, AI job fears, and whether free cash creates opportunity or fuels dependency.
Guaranteed basic income is an anti-poverty policy gaining traction in Washington cities. Tacoma recently started its second basic-income pilot, on the heels of a separate King County experiment.
And a growing body of research suggests it could be the answer to AI shattering long-held high rates of employment.A Universal Basic Income, or UBI, is a regular, obligation-free payment to everyone.
In 2020, amid widespread layoffs and economic turmoil brought on by the COVID pandemic, 1,000 low-income people in Texas and Illinois won something of a lottery. They were selected to receive $1,000 ...
A study found that implementing a global universal basic income could boost global GDP by 130%. Funding a global UBI with a carbon tax would also promote sustainability, the study's authors say. Basic ...
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