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UBI is a direct cash transfer that the recipient can spend on anything. It's proven to be effective in international aid, and much more efficient that financing
by vonnik 9y ago
UBI is a direct cash transfer that the recipient can spend on anything. It's proven to be effective in international aid, and much more efficient that financing the enormous bureaucracies employed to decide whether someone is qualified. http://www.bbc.com/news/world-africa-39038402 http://www.bbc.com/news/world-africa-39038402
- mcguire 9y agoThe US social security administration spends ~0.7% of its total expenditures on administrative expenses. (Yes, it's more for the disability program, 1.9%.)