Giving Away Money Won’t End Poverty, but It Will Destroy Something Special About America

1. A Universal Basic Income is becoming a popular policy idea among left-wing politicians and Silicon Valley.
2. After just a year, the Finnish government put a halt to the program and added basic work requirements to unemployment benefits to encourage recipients to find a job.
3. Even a few conservative and libertarian-leaning thinkers, like Charles Murray, argue that the universal basic income could be an improvement over the current welfare system.
4. Giving a check to every American, regardless of need or situation, risks creating a kind of warehoused society whereby one class of people works while the other skates by mostly on public money, seeing no incentive to work and better their condition and status.
5. Finland launched a basic income program in 2017, which was set to run for two years.
6. One estimate by the investment management firm, Bridgewater Associates, put the cost at $3.8 trillion per year if each citizen is to get a basic income of $12,000, according to the New York Post.

https://www.dailysignal.com/2018/10/23/giving-away-money-wont-end-poverty-but-it-will-destroy-something-special-about-america/