Universal Basic Income, or the German Plan?

BERLIN â?" As the U.S. Congress looks into a temporary basic income for coronavirus relief and Germany debates a stimulus package that would potentially nationalize some firms, other countries are moving to implement the time-tested German concept of Kurzarbeitergeld ("short-time worker money"), in which the government gives companies money to pay their workers a portion of their normal pay during periods of reduced activity. The system has in recent days received attention in the United States, the United Kingdom, and India, among other places. Read Full Article »