Income Inequality
Income inequality has been on the rise over the past decades. The highest-earning 20% of US households have steadily brought in a larger share of the country’s income.
Poverty
The poverty rate in 2019 was 10.5%, or 34 million in the US. This rate was the lowest since 1959 and had been on the decline for the past few years.
What Is Universal Basic Income?
Universal basic income or UBI is, in theory, a government program that distributes periodic cash payments to all citizens without conditions or strings attached.