NO
Although the universal basic income (UBI) concept appears to be a comprehensive solution to poverty, it will fall short in the long run. We cannot deny that income inequality is a problem in America, but free money will not resolve the disparity because government dependency does not lead to economic empowerment or social mobility.
The debate over UBI is reminiscent of an old adage: fish for a man, or teach a man to fish. When we give government aid to those who are less fortunate, we must consider if we are simply creating long-term dependency on welfare. A better solution would be to focus on education, job training and expanded opportunities for employment. All these solutions are far more likely to empower those in need and help them reach their economic potential. A government check, however, will not help anyone get a job or move up the corporate ladder.
Current welfare systems like Medicaid and Social Security do a fine job of covering those truly in need, such as the retired, disabled and families with low incomes. This reduces the potential for abuse and targets aid to those who have demonstrated a sufficient burden. It provides a critical safety net that we should not risk with a costly new UBI program. Moreover, many welfare programs are temporary and promote an eventual transition back to the workplace. Instead, UBI could give money to those who lack motivation and plan to permanently game the system. Many UBI proposals, including one by political scientist Charles Murray, suggest funding the program by eliminating Social Security, Medicare, and Medicaid. This would allocate $13,000 a year to everyone above age 21 (if their annual earnings do not exceed $30,000). Those who are eligible for Medicare and Social Security receive $27,000 per person. So, $13,000 would not even come close to covering their needs.
In conclusion, the UBI is a noble concept grounded in kindness, but it will do more harm than good. Programs like Social Security and Medicaid are superior because they target people with significant needs, have strict requirements and focus on transitioning people towards the workforce. We need to help people receive education and develop skills instead of making them dependent on a government check for life.
