Megan McArdle, “How a basic income in the U.S. could increase global poverty.”

Megan McArdle -Wikipedia

SUMMARY: interviewee, conservative blogger Megan McArdle, argues against the Basic Income Guarantee, saying that it couldn’t replace the existing social welfare system, as some of her fellow conservatives suggest.

Instead, she says it would end up doubling the federal budget.

And at the same time, because the U.S. would have to halt immigration from poorer countries, she fears it would increase global poverty.

Megan McArdle, “How a basic income in the U.S. could increase global poverty.” PBS News Hour.” [a PBS Interview with Megan McArdle], April 18, 2014

Instituting a basic income in the United States, Megan McArdle says, would require closing off immigration to the U.S. from low-skilled countries. Photo by Flickr user BBC World Service, via PBS