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Guaranteed Income? Really?

Have you heard? The Republican president of the United States proposed a plan for "partial basic income" and his plan passed the House of Representatives. In 1969.

President's Nixon's plan, which he called "the most significant piece of social legislation in our nation's history," died in the Senate and never became law. It hasn't really made a comeback in the US. But the idea of "guaranteed basic income" is already back in the news in Europe, because income inequality — exacerbated by COVID-19 — will become increasingly hard for the world's political leaders to ignore.

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Andrew Yang: UBI is even more necessary now

In a new interview for a special digital edition of GZERO World with Ian Bremmer, former 2020 Democratic presidential candidate Andrew Yang discusses the proposal that served as the cornerstone for his campaign—universal basic income—and why he believes the COVID-19 pandemic has only increased the need for the policy.

Yang offers his thoughts on the Trump administration's relief check and stimulus plans, and why he feels the time has come for a more permanent income solution for Americans badly impacted by the sudden downturn in the economy.

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