Comment on Obama: Consider a universal basic income

Obama: Consider a universal basic income

In his first major speech since leaving office, former President Barack Obama endorsed the idea of providing a universal basic income. Speaking at the Nelson Mandela Annual Lecture in South Africa on Tuesday, Obama raised the notion of guaranteed income as a way to reduce what he called "yawning disparities" in wealth, education, and security across different socioeconomic groups. "It's not just money that a job provides," said Obama.

 

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