Grade 9-12
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Video
Making Sen$e with Paul Solman: Idea of paying citizens a yearly stipend is gaining support in Switzerland
Updated: April 7 2014,
Author: barrel fan
Standards
In Switzerland, an idea to guarantee every citizen a yearly income of 30,000 Swiss francs, regardless of other wealth or employment, has gained enough supporters to trigger a referendum. Economics correspondent Paul Solman reports that the idea is gaining some traction across party lines in the United States, too, but views differ on if and how a guaranteed basic income would work.