UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
Agreed, I certainly wouldn’t touch Medicare or Medicaid. I’d also probably leave unemployment insurance as is, and this would kick in afterward.
But I think it could replace Social Security, food assistance, housing assistance, etc. And I think we could fund it by lifting the income cap on Social Security, but I’d need to run the numbers to be sure.
I’d say some disability benefits as well. Simply getting by can be more expensive when you can’t do basic tasks yourself, even if you have the best universal health care possible.
The only benefits that I think would have to stay, are those with “unlimited” downside, like healthcare.
UBI can potentially replace specific benefits for housing or general living expenses, but it can’t really replace healthcare.
Agreed, I certainly wouldn’t touch Medicare or Medicaid. I’d also probably leave unemployment insurance as is, and this would kick in afterward.
But I think it could replace Social Security, food assistance, housing assistance, etc. And I think we could fund it by lifting the income cap on Social Security, but I’d need to run the numbers to be sure.
I’d say some disability benefits as well. Simply getting by can be more expensive when you can’t do basic tasks yourself, even if you have the best universal health care possible.