September 4, 2019; WRVA (Richmond, Virginia)
Last month, NPQ covered the basics of universal basic income policy, better known as “UBI.” In part because of the presidential candidacy of Andrew Yang, who has centered his campaign on implementing a UBI policy, the concept—once largely confined to academic circles—is gaining both greater press attention and an increased number of adherents.
Under Yang’s proposal, each American over the age of 18 would receive a monthly check for $1,000. The cost, at $2.8 trillion—one-seventh of annual gross domestic product—is high. Of course, Yang has proposed various taxes to pay for at least part of it. Another catch, notes Tonya Riley of