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Las Vegas Review-Journal: Universal basic income fails another test

  • Universal Basic Income is designed to provide individuals with monthly financial support to cover essentials like food and housing, aimed at reducing income inequality and encouraging financial risk-taking, as noted by proponents.
  • In 2022, a pilot program in Compton, California, gave nearly 700 households about $500 a month for two years.
  • The program showed that average non-housing debt declined by $2,190 over 18 months, although this drop was not statistically significant.
  • Critics argue that Universal Basic Income increases dependency rather than promoting self-sufficiency.
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Bias Distribution

  • 76% of the sources are Center
76% Center
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The Billings Gazette broke the news in Billings, United States on Tuesday, February 18, 2025.
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