"Basic income programs are gaining traction, offering payments to struggling families. However, the politics around UBI remain divided, showcasing a significant tug-of-war."
"Throughout the pandemic, the feasibility of universal basic income became clearer when the government sent several payments, demonstrating a model for future income support."
The article discusses the increasing acceptance of universal basic income (UBI) in the United States, particularly during the COVID-19 pandemic, which brought significant financial challenges for many families. Prominent figures like Andrew Yang and tech leaders have advocated for UBI as a response to job displacement from automation. While UBI is still politically divisive, local and state initiatives implementing guaranteed basic income programs are emerging, providing payments to specific demographics like low-income families. This reflects a shift towards exploring UBI's feasibility despite ongoing political controversies.
#universal-basic-income #political-divisions #covid-19-impact #guaranteed-income-programs #economic-support
Read at Business Insider
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