Universal basic income fails another test [Video]

There’s a reason that ideas from the progressive ivory tower need to be tested. Often, the grandest theories fall apart when exposed to the rigors of the real world.

Consider the case of universal basic income, which is all the rage among many Democrats. The government would provide every individual with a monthly check. Proponents believe this would help people cover basic expenses, such as food and housing. This is supposed to reduce income “inequality” and better equip individuals to take financial risks, such as starting a business or taking a new job.

In 2022, the idea was floated in Reno, Nevada, as a way to combat high housing costs. In the 2020 presidential race, Andrew Yang made waves in the Democratic primary by pushing universal basic income. He claimed his proposal would “enable all Americans to pay their bills, educate themselves (and) start businesses.” In 2018, former President Barack …