Debate Primer: UBI

This week, Political Union will be debating whether the United States ought to provide a Universal Basic Income ahead of Northwestern College Democrat’s visit from Andrew Yang this upcoming week. For those unfamiliar with the former presidential candidate a summary of past election cycles and committed policy positions can be found here  on Ballotpedia (a non-partisan site). If you want to go deep into Andrew Yang’s position —  catch this LibertyCon 2019 Debate in which Yang debates the issue himself. 

First a definition of Universal Basic Income (UBI) from Kimberly Amadeo an expert on U.S. and world economies and investing with over 20 years of experience in economic analysis. [4 minutes] 

    • A breakdown on public opinion and previous “income floor” policies in light of COVID-19. [4 minutes]

    • Reduced Poverty Rates in light of COVID-19 Stimulus checks. [3 minutes]

    • How the pandemic changed the debate surrounding UBI including touches on Yang’s tried and true automation argument. [7 minutes]

    • The humanitarian case for UBI. [7 minutes]

Photo via Rolling Stone

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