Basic Income Guarantee
These losses have not been spread evenly of course — the less educated have taken the brunt
Even under optimistic scenarios (which we are not currently experiencing), it will take 5 to 10 years to get these jobs back. If they ever come back.
This means a lot of people without work and income. The question then is: what should we do about this? Should we do anything?
One option is to give everyone a basic income. The basic income guarantee is an “unconditional, government-insured guarantee that all citizens will have enough income to meet their basic needs.” It differs specifically from a negative income tax, like our current social programs, in that every individual (not household) receives the benefit, regardless of wealth or income, unconditionally. Verder lezen