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U.S. already has about 80 means-tested welfare programs

Universal Basic Incomes: The Latest Crackpot Idea From So-Called Progressives


Universal Basic Incomes: The Latest Crackpot Idea From So-Called Progressives WASHINGTON, D.C. — The latest liberal fad for reducing poverty and income inequality is called a “universal basic income” or UBI for short. California Democrats have included a UBI provision in their state Democratic platform. And two California cities are implementing limited UBI pilot projects. Unfortunately, the idea is both unaffordable and won’t fix the low-income problem. Under universal basic income, everyone from the poorest to the richest—that’s why it’s called “universal”—would receive a taxpayer-provided monthly income, perhaps $1,000 per month, or $12,000 per year.
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