Letter to the Editor
Dear Mountain Home News readers,
Universal Basic Income (UBI), has both pros and cons. However, its potential benefits make it an interesting policy option for governments around the world.
PRO’S: Reduces poverty, Fights unemployment, Greatly Improves Work Incentives, Provides Financial Security, Controls Discrimination, and Boosts Self-Employment/Entrepreneurship.
CON’S: Decreases Motivation to Work, Retards Economic Growth, Highly Expensive, Inequality/Injustice, and lastly High Taxes and Inflation.
Food for thought, people.