Study

9/3/2017

This article discusses the concept of Universal Basic Income (UBI) and its potential impact on economic growth. It presents a study conducted by the Roosevelt Institute which simulates the effects of implementing a $1,000 monthly cash transfer to each American adult. The study suggests that UBI could lead to substantial improvements in income, job creation, and economic growth. It argues that by providing a financial safety net and stimulating consumer spending, UBI could have positive effects on the economy. However, the article also acknowledges the potential challenges and counterarguments to UBI, such as concerns about funding and potential disincentives to work. Overall, it provides an overview of the ongoing debate surrounding UBI and its potential effects on economic growth.

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