If designed right it could ensure the “rational” person has enough money to at least scrape by… But most people are far from rational when it comes to money. There are people making 6-figures still living paycheck to paycheck… So certainly no silver bullet, but an interesting policy decision… I think if nothing else the idea of getting rid of all other social programs and having one clean monthly check seems appealing (in theory)… Thanks for the comments Jim

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

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