Rising prices are of course having a real impact on people already struggling with the cost of living.

The charity, Turn2us, which advises people in financial difficulty, says it's receiving an increasing number of calls for help from those in full-time employment. Among them is a teacher who told Channel 4 News he worries about being able to pay his family's bills and afford petrol each month.

We were invited inside the call centre where the Turn2us helpline operates. 

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Inside a call centre on cost of living crisis frontline

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In this video we go over the pros and cons of a universal basic income. The US government spent over $5 trillion of economic stimulus and relief payments during the pandemic of 2020 and 2021. This is enough money to give every adult in the country $1,000 per month during this 2 year period. Would the money have been better spent just giving it directly to the people?

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The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: https://www.youtube.com/channel/UCuj2Bne141HGmYFsbkfnbqw

0:00 - 1:48 intro
1:49 - 2:45 Public.com
2:46 - 4:14 What is UBI?
4:15 - 5:19 Existing welfare systems
5:20 - 6:42 Cost of UBI
6:43 - 11:44 Taxes
11:45 - 14:20 Inflation
14:21 - 15:40 Starting the conversation
15:41 Public.com


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An Honest Discussion About A Universal Basic Income

Cost Of Living Payment

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