Sunday, September 13, 2020

pandemic a great time to try Universal Basic Income

 https://www.bloomberg.com/news/articles/2020-09-02/brazil-hands-out-so-much-covid-cash-that-poverty-nears-a-new-low

 

In other words, as Covid-19 has killed some 122,000 Brazilians, it has paradoxically driven down poverty and inequality, at least in the short term, and also placed government welfare at the heart of political debate, like a decade ago with the “Bolsa Familia” program that lifted millions. The issue will reverberate in November’s local elections, a dry run for the presidency in 2022.

 

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 People are out of work.  Businesses are closed.  If there was ever a time to try universal basic income, this is it.

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