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Costs and Consequences of Different Redistribution Schemes

National Universal Basic Income has been touted by rich entrepreneurs and technology enthusiasts, as well as one of the underdog candidates for the 2020 presidential election. The proposal has been studied for years, but it has been almost always been represented in one fallible way; $1,000 a month for any working-age adult. There are some potential issues with this system, and this article will discuss them and provide a few solutions.

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Re-examining Andrew Yang’s Signature Policy

Universal Basic Income is becoming increasingly popular, especially among young people, who recently polled majority support for the futuristic program. The concept is decades old, and was first popularized in 1972, when George McGovern, then Democrat-candidate for the presidency publically touted a $1,000 a year basic income.

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So, I am regularly told that “IQ is not this huge factor!” and that “education makes more of a difference in people’s lives” as this big thing that is supposed to make hereditarian beliefs about intelligence go out the window. Along with that we also get the “If group x had better education, their IQ would rise.” Stuff like this, commonly believed, yet unproved nonsense, is why I’m here.

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Why We Need to Cut the Deficit and National Debt

Americans on both sides of the political isle support cutting the debt and eliminating the deficit. Everyone knows the debt is a problem, but few actually know why or what sort of problem it really is. Republican tax cuts are projected to increase the debt substantially from now to 2030, and the War on Terror and 2008 Financial Crisis haven’t exactly contributed towards reducing debt levels.

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