Comment interesting (Score 1) 69
Ms. Raimondo and her colleagues are not fans of a universal basic income, an idea that has gained popularity in Silicon Valley as an answer to job disruption.
That is also interesting given the source.
The EIT (earned income tax credit) is more or less UBI. It is probably the most effective program we do have in terms of improving people's economic situation. Okay it is 'means tested' so it is not truly universal but functionally it works similarly in practical application.
Given the other arguments about income insurance etc, I am not sure why we would not look at EIT expansion, including state level implementations, and maybe temporary enhanced credits for classes of displaced workers. We have a thing that works, why not do more of it?
Again I come back the source and my suspicion is there are not enough strings attached, you got a job and stayed in the work force isn't enough, I am sure she wants to make sure you take some sort of Green/Woke/Nonsense job...