What is universal basic income? Does universal basic income work? These are common questions that we have heard on this subject and want to have a to take a moment to have universal basic income explained to how we look at it.
Universal Basic Income (UBI) is, by definition, a government guarantee that each citizen receives a minimum income. It is also called a citizen’s income, guaranteed minimum income, or basic income.
Let us know your thoughts down below in the comments section on if Universal Basic Income is a good fit for the economy or something that people would consider.