Why Paul Krugman is 'not a UBI guy'

10:32 AM ET Tue, 23 April 2019

Paul Krugman says Universal Basic Income would either cost more than what is politically possible at the moment, or the amount of money people would receive would be inadequate. The Nobel Prize-winning economist says the U.S. should focus more on targeted programs that "focus on people with real needs" as an alternative, like universal healthcare and child care support. He also discusses redistribution and geographic income inequality.