Monday, 4 September 2017

A $1,000 per month cash handout would grow the economy by $2.5 trillion, new study says

A $1,000 per month cash handout would grow the economy by $2.5 trillion, new study says

Giving every adult in the United States a $1,000 cash handout per month would grow the economy by $2.5 trillion by 2025, according to a new study on universal basic income. The report was released in August by the left-leaning Roosevelt Institute. Roosevelt research director Marshall Steinbaum, Michalis Nikiforos at Bard College's Levy Institute, and Gennaro Zezza at the University of Cassino and Southern Lazio in Italy co-authored the study.

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