• PopCan

CERB problems are bad news for proponents of a guaranteed basic income

National Post: "If anything, CERB and CRB were a perfect test case about why a UBI is an idea whose time has not come. Apart from the price tag of a universal income, which the Parliamentary Budget Officer pegged at $85 billion in 2021–22, rising to $93 billion in 2025–26, starting one now would hamper economic growth at the very time when that growth is sorely needed. UBI supporters may retort that employers should simply pay workers more, but without growth, it’s hard to see where those bigger paycheques will magically come from."

1 view0 comments

Recent Posts

See All