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People's Policy Project
@PplPolicyProj
, 3 tweets, 2 min read Read on Twitter
The US Welfare State Cut Poverty by Two-Thirds in 2018

peoplespolicyproject.org/2019/09/16/the…
Poor families are collectively $512 billion below the poverty based on market income. This is how much each program, acting alone, cut that gap.

peoplespolicyproject.org/2019/09/16/the…
The current poor look like this: 64% are children, elderly, disabled, or students. Another 16% worked for 50+ weeks last year.

Given these figures, the best way forward for welfare development is a universal child benefit, Social Security for kids.
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Dear @tanvishukla, may I please ask you why you Indians think of the most impractical economic ideas?

Did you seriously think through this idea before bringing it up for debate?!?

So what is #UniversalBasicIncome? I shall address the same in this thread.
UBI is nothing but the idea that every citizen, employed or unemployed, working or retired, receives some minimum money from the govt in order to meet expenses.

Sounds good, right? But it's impractical. How? I shall explain the same here.

With some information in hand.
A few weeks back, I already explained why the Nordic "socialist" model won't work in countries like India.

Why? Big welfare doesn't give incentives for people to work. It tends to make people lazy.

UBI will more or less fail for the very same reasons.
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