Basic Income can add $2.5 Trillion to US Economy Archives

daniel September 8, 2017 A Few Benefits from UBI, Basic Income, Basic Income can add $2.5 Trillion to US Economy, How UBI might create more jobs, Modeling the Macroeconomic Effects of a Universal Basic Income, Some Potential Problems with UBI, The effects of UBI would wane after three years, UBI, Universal Basic Income, Would Basic Income Grow the Economy?, Would Basic Income Really Stimulate the Economy?

Basic Income can add $2.5 Trillion to US Economy

Paying every citizen in the United States $1,000 a month would grow the economy by 12.56% in eight years, a report from a left-wing think tank called the Roosevelt Institute claims. That would certainly be better than the 1.6% U.S. GDP growth rate reported in 2016.