PRI’s Wayne Winegarden in U.S. News and World Report, “What Is Universal Basic Income?”

January 15, 2021 Pacific Research Institute U.S. News and World Report

By Maryalene LaPonsie, Contributor

DURING THE 2020 Democratic presidential primary race, candidate Andrew Yang proposed sending $1,000 each month to all U.S. citizens age 18 and older. Dubbed a Freedom Dividend, his idea garnered him devoted supporters although the concept itself isn’t new. . .

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The concept of UBI is simple. “It’s a check from the government every month to everyone with absolutely no justification,” says Wayne Winegarden, senior fellow in business and economics at the Pacific Research Institute, a free market think tank based in San Francisco. In other words, it is money distributed by the government to everyone, regardless of their income or need. . .