Get up to $10,000 when you transfer your account from another brokerage depending on the amount. Sign up at ➡️ https://public.com/EE

In this video we go over the pros and cons of a universal basic income. The US government spent over $5 trillion of economic stimulus and relief payments during the pandemic of 2020 and 2021. This is enough money to give every adult in the country $1,000 per month during this 2 year period. Would the money have been better spent just giving it directly to the people?

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel:    / @statistaofficial  

0:00 - 1:48 intro
1:49 - 2:45 Public.com
2:46 - 4:14 What is UBI?
4:15 - 5:19 Existing welfare systems
5:20 - 6:42 Cost of UBI
6:43 - 11:44 Taxes
11:45 - 14:20 Inflation
14:21 - 15:40 Starting the conversation
15:41 Public.com


Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee
⭑ Enjoyed? Hit the like button! 👍

Q&A Streams on EEII (2nd channel) →    / @economicsisepic  

✉️ Business Enquiries → [email protected]

🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained

Follow EE on social media:
Instagram →   / economicsexplained  
Twitter 🐦 →   / economicsex  
Facebook →   / economicsex  

#economicsexplained #ubi #andrewyang

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉   / economicsexplained  

The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:

Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas