In the three years since the federal government started handing out checks to provide relief from the pandemic, the idea of no-strings-attached money for all has crept further into the mainstream.
Once the provenance of policy wonks and tech entrepreneurs, universal basic income or guaranteed income programs have become a reality in several cities.
Proponents say UBI, which provides all people in the program with a recurring cash payment regardless of their socioeconomic status, can help lift people out of poverty and protect them from financial ruin in the event of an emergency.
But some evidence suggests universal basic income and guaranteed income programs can provide little benefit despite the enormous costs.
Read more at Washingtonexaminer.com
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