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Universal Basic Income

Universal basic income is a program from the government where a certain amount of

money is allocated to the adults of a given country regularly within the stipulated agreed period.

The Universal basic income aims to ensure that the rate of poverty is reduced in the country. In

addition, just as it has been noted, the rate of living standard in the country may increase or

appreciate if used appropriately (Hilary, and Jesse Rothstein 2020, Pg. 42). However, it had been

debated to be an idea that advocates for laziness; there are nations that employ the criteria and

have moved on. It is a generally good idea if it is well implemented and the people who are being

financed have the vision to develop their dreams appropriately. Therefore, the paper is

specifically focused on illustrating the context of how to start and sustain the idea, the issuance

and receiving, and what happens after the action, as will be discussed below.

How to start and sustain

The Universal Basic income is employed under various determinants. The population of

the country had to be considered first before making the deal. The government ensures that they

are aware of their country's needs and wants. Through this, they can know the amount that will
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be budgeted for the issuance. It is also employed by the getting and screening process where

people are given according to the demands and wishes to pursue and fulfill their business goals.

It is not likely that the amount given is the same. It depends on urgency and what the money is

expected to do to make the country productive. The idea has been very effective, and it has

worked in Canada, where adults are given about five hundred US dollars to do relatively

constructive things. The amount is not eligible for everyone. A certain class is considered so that

they lift their standards to a certain level. It is given to ensure that poverty is eliminated by all

means.

Issuance and Receiving.

In the case of Canada, which has been employing the idea much successfully than other

countries, the recovery Universal Basic Income is quite affordable, issuing to every Canadian

adult about an additional five hundred dollars from their salary. It is also responsible for

administering its people with about two thousand dollars for security purposes. The statistics ring

per month where per couple they are also given the addition of one thousand five hundred

dollars. According to Andrew Yang, one is to get paid the amount without any form of

discrimination (Wenande, 2019). The money should've been directed to every registered

member's account on a daily, monthly basis. According to the statistics done by the United States

agencies, the idea is prone to raise taxes and cost many companies who happen to generate

income.

After Action
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The idea does not work in action, and many countries have failed to achieve such a

vision. It is an idea that affects the taxing rate to another level hence discouraged and avoided by

many nations. People mostly use this kind of money to raise their businesses and ensure that

their living standards go up. However, some are prone to laziness ad they wait to see the services

performed to them without a sweat (Wendt, 2019). The removal of subsidiaries to apply the

concept may not work because the other sectors are also not accounted for. When the idea is

employed in a country, it is highly abused because of the high rate of corruption cases that are

likely to rise.

Conclusion

The idea is generally good because it increases positive and valid job growth, and people

can access some services without straining. Universal Basic income reduces the rate of

homelessness, for it gives one a chance to make a self-discovery of him or herself. The rate of

debt may decrease in the same case; the rate of school dropout is highly reduced. Thus the idea is

generally good because it encourages creativity for more ideas through the financial aid

provided.
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Works Cited

Hoynes, Hilary, and Jesse Rothstein.(2020) "Universal basic income in the United States ;42

Wenande, T. (2019). The Effect of a Universal Basic Income on Life Decisions: Evidence from a

Student Lab Experiment.Pg 16

Wendt, F. (2019). What is Universal Basic Income? Canada, 25(3), 301-318.