For the U.S. government to provide a basic-income guarantee of $10,000 to every American citizen, federal spending would need to rise by 30 percent and the size of the welfare bureaucracy would need to double. The politico-economic case against a government-guaranteed basic income is strong, but the moral argument against it is even stronger.
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|Other Independent Review articles by David R. Henderson|
|Fall 2016||An Economists Case for a Noninterventionist Foreign Policy|
|Winter 2016||The Economy in 2065: Predictions and Cautions|
|Spring 2014||The Inevitability of a U.S. Government Default|
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