An Honest Discussion About A Universal Basic Income: Introduction

What was one of the main criticisms of the $5 trillion COVID relief stimulus?

• It was considered excessive by many economists.

• It was only given to a select few.

• It was not enough to support businesses.

• It was primarily used for infrastructure projects.

How could the $5 trillion have been alternatively used according to the video?

• To invest in renewable energy projects.

• To provide tax cuts for large corporations.

• To build new hospitals across the country.

• To fund a universal basic income for two years.

What is one potential benefit of a universal basic income mentioned in the video?

• It could lead to higher inflation rates.

• It would eliminate the need for taxes.

• It might revolutionize modern economies.

• It could increase government expenditure.

What is a key question that needs to be addressed before implementing UBI?

• How to fund the universal basic income.

• How to ensure everyone spends the money wisely.

• How to prevent people from quitting their jobs.

• How to increase the amount given each month.

What is a concern about UBI that goes beyond funding?

• The challenge of distributing funds globally.

• The effect on international trade agreements.

• The potential for increased government control.

• The impact on traditional welfare systems.