Universal basic income: The answer to poverty or a disincentive to work?
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“I think it is a disincentive to go back to work,” top Trump economic adviser Larry Kudlow says about the $600 weekly enhanced unemployment benefits. Kudlow cited a recent University of Chicago study as evidence backing the claim. But CNN's Poppy Harlow promptly disputed his interpretation of the study. "We are not trying to eliminate the federal benefits. What we're trying to do is moderate them and reform them and put in the package, as I said, benefits and incentives to come back to work," Ku
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Treasury Secretary Mnuchin tells ABC News' Martha Raddatz “there’s no question” that $600 unemployment insurance is a disincentive to find a job in “some cases.” “There are cases where people are overpaid,” he adds when pressed about study refuting his argument. https://abcn.ws/39Puq1F | This Week
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‘We’ll follow what happens when people have that unconditional cash.’ Jackie Long asks Will Stronge if universal basic income is the answer to tackling poverty - or a disincentive to work? | Channel 4 News
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