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New Guaranteed Income Experiments Give Away Hundreds of Dollars Each Month to Address Wealth Gap

People

January 12, 2022

Some U.S. cities are beginning universal basic income programs to help low-income individuals and families and determine if the additional support will lead to long-lasting and positive effects.

The topic of a universal basic income, or UBI, has received increasing attention in recent years as a way to curb economic inequality in the U.S.

The Center for Hunger-Free Communities at Drexel University defines UBI as a consistent, unconditional payment sent by the government to ensure "a basic standard of living for every member of a community." Such a program would help offset the rising cost of living amid stagnant wages, the organization explained.

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