First, the bad news: Even if the economy improves, middle-class career paths will continue to disappear as globalization and technological innovation render more jobs obsolete. Now, the good news: The fear, stress and humiliation caused by unemployment (and underemployment) can be alleviated with a simple solution. And now, the even-better news: This simple solution is starting to find backers on both sides of the political spectrum. A monthly cash payment to every American, no questions asked, would solve several of our most daunting challenges.
It's called a basic income, and it's cheaper and much more effective than our current malfunctioning safety net, which costs nearly $1 trillion per year.
(Excerpt) Read more at cnn.com ...
