Photo by Towfiqu barbhuiya on Unsplash
An article by Eric Reinhart, M.D. has been published this month. Teaser:
“What the expanded child tax credit essentially did, at a cost of $128 billion over 1 year (less than 2% of the federal budget, 3% of 2023 U.S. health care spending, or 7% of the 2023 U.S. defense budget), was provide a guaranteed basic income for families with children. For many of the nearly 40 million U.S. residents living in poverty, this provision of public support in the form of basic income didn’t merely reduce poverty; it had a dramatic stabilizing effect and substantially improved their health and experience of everyday life.”
To read and/or download the full article, click here.
This is a very significant article, research and perspective.
Need for basic income for better public health and safety is an essential dimension which is carefully brought out and closely argued in this article.