Universal Basic Income Now Favored by Majority of Voters

The video discusses the growing support for universal basic income (UBI) in the U.S., highlighting California's pioneering state-funded program. Initiated by Michael Tubbs, the program aims to provide financial support without restrictions, focusing on expecting mothers and young adults from foster care. The pandemic has amplified political backing for UBI, with the child tax credit being a significant step. The video emphasizes the flexibility UBI offers in addressing various needs and advocates for its permanence as part of the social safety net.

What percentage of likely voters support the concept of a guaranteed or basic income according to a recent survey?

• 65%

• 55%

• 45%

• 75%

Who is Michael Tubbs and what role did he play in the guaranteed income initiative?

• A California senator who opposed the initiative

• The former mayor of Stockton who launched the initiative

• A financial analyst who criticized the initiative

• A journalist who reported on the initiative

Which group is given preference in the California guaranteed income program?

• College students

• Senior citizens

• Unemployed individuals

• Expecting mothers and young adults from foster care

What event significantly boosted political support for universal basic income?

• The 2008 financial crisis

• The introduction of Bitcoin

• The COVID-19 pandemic

• The 2020 presidential election

What is the monthly amount provided by the child tax credit introduced by the Biden administration?

• $500

• $200

• $300

• $400

What is a key feature of the universal basic income model discussed in the transcript?

• It requires recipients to report their spending

• It provides funds with no restrictions on spending

• It is only available to those over 65

• It is a loan that must be repaid

What is one of the main arguments for making universal basic income a permanent part of the social safety net?

• It will eliminate the need for other welfare programs

• It will increase tax revenue

• It will reduce government spending

• It will strengthen families and provide economic security