In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The proposed program is very limited in scope; it would provide 1,000 families a $500 monthly stipend. That would cost around $500,000 a month or $6 million a year. That is not much for a government program, and hardly a “universal basic income (UBI).”
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Basic income is likely to appeal to many of the Trump voters who have been hard hit by wage stagnation and income inequality. Trump is likely to go for it after his other economic ideas; like the tariff, get exposed for the nonsense they are.
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