Paul Krugman is not a UBI guy

This video was originally published on April 22, 2019. Paul Krugman says Universal Basic Income would 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 as an alternative, like universal healthcare and child care support. He also discusses what could cause the next recession, stagnant wages, redistribution and geographic income inequality
Mon, Apr 22 20197:40 AM EDT