Problem addressing income precarity


Problem

Explain this please: When everyone gets the same amount of money from the government, it is clearly equal. However, just as not every Canadian is equally vulnerable to the virus, not every Canadian is equally vulnerable to the impact of the economic slowdown. A universal basic income is therefore a less equitable policy, even in the best of times. It is also much less efficient at helping the most vulnerable than a targeted income maintenance approach that is conditional on income. A targeted basic income is a feasible, efficient, and equitable option for addressing income precarity during the ongoing health pandemic. It would provide a direct economic stimulus by putting money into the hands of the people most likely to spend it, and more importantly, into the hands of those most likely to need it.

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Other Subject: Problem addressing income precarity
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