Published: October 23, 2019
The Universal Basic Income (UBI) is a proposed government program that would provide an annual cash benefit to all Americans above a certain age. However, any method of implementing a UBI would be prohibitively costly, especially if it were added on top of the existing social safety net. And replacing all other government programs with a UBI would cut benefits for many poor and elderly Americans. Ultimately, the UBI would fail to accomplish its intended outcomes.
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