American Portfolios Financial Blog Universal Basic Income: An Alternative to the Welfare State?

After nearly 60 years since President's Johnson's launch of the "War on Poverty" in 1964 and some $25 trillion in federal transfer payments for income, food and medical assistance, the share of Americans living in poverty has remained unchanged. This stunning failure of current assistance programs to reduce poverty in America is why there is a growing interest in Universal Basic Income.The post Universal Basic Income: An Alternative to the Welfare State? appeared first on American Portfolio Blog.