In addition to UBI — Universal Basic Income, a monthly stipend of $1,000 per month — Dem candidate Andrew Yang has begun calling for something he calls “universal service.”
What I understand he is calling for is that each American set aside either two or three years for service to the country either after high school or after college.
Universal Basic Income, Big Red Car? Huh?
Big Red Car here lobbying for a paint job while talking up the latest experiments in the Universal Basic Income – also known as basic income, basic income guarantee, basic living stipend, or universal demogrant. They are all the same thing.
Advocates of UBI have for years sold the idea as a campaign to “eradicate poverty” while others have championed it as a means of unlocking the creative potential locked deep within all of us.
Those who lean right may consider it as a means to consolidate and eliminate all other welfare programs and thereby make government welfare more efficient.
You can get a discussion on a lot of different implications including poverty, unlocking potential, freedom from wage slavery, reducing crime, a response to technology and automation unemployment, welfare administration, gender equality, the recognition of uncompensated home work by women, and a ton of other ideas.
Please take a second to identify your thoughts on the subject.
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