UCI News

Give poor people a guaranteed income and let them spend it however they please

Mashable, April 28, 2020

April 28, 2020

Give poor people a guaranteed income and let them spend it however they please

The idea of no-strings-attached cash aid might seem anathema to many Americans, who worry recipients will not spend the money wisely. But embedding such distrust of the poor in government aid policies is a relatively new phenomenon in American politics, says Mehrsa Baradaran, a professor of law at University of California Irvine who studies banking law and financial inclusion. … “The underlying idea is that you’re poor because you don’t understand money. But you’re poor because you don’t have money, “ says Baradaran.