Grade 9-12

Making Sen$e with Paul Solman: Idea of paying citizens a yearly stipend is gaining support in Switzerland

Updated: April 7 2014,
Author: barreladmin
Open Video

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.