3 ms·
It may be modeled on UBI, but it's not. Universal basic income is perpetual and unconditional, while the CARES Act was a one-time payment in response to COVID.
by itishappy 3y ago
It may be modeled on UBI, but it's not. Universal basic income is perpetual and unconditional, while the CARES Act was a one-time payment in response to COVID. I'm sure there's still a lot we can learn from it, but I also expect many of the psychological effects will be someone muted.
https://en.wikipedia.org/wiki/Universal_basic_income_pilots https://en.wikipedia.org/wiki/Universal_basic_income_pilots