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Housing, food & labor shortages: Is this the 'PERFECT STORM' for universal basic income?

Housing, food & labor shortages: Is this the 'PERFECT STORM' for universal basic income?

'My job is to warn you of the things that are coming'

From food and job shortages to the prices of building materials "skyrocketing," the world is currently moving into what could be the "perfect storm" for politicians to push for a universal basic income, explained Glenn Beck on the radio program.

"We really need to look at the economy and be prepared for what is coming," Glenn said. "I feel like my job is to warn you of the things that are coming and, when I can, give you ways to navigate around. But at least so you can hear the warning and decide yourself what you're going to do with that."

Glenn explained that now, for the first time, there is a shortage of starter homes and building supplies just as increasing numbers of millennials are in the market. Also, analysts are predicting that shortages of food items and products such as pork, polystyrene, and chlorine could send prices soaring. Then there's the matter of unemployment, kicked off by the COVID-19 pandemic and likely to worsen because of the technological revolution, there are going to be fewer and fewer jobs for people to do.

"We are creating this perfect storm, right now, where universal basic income is going to be embraced by people," Glenn warned. "It's just this nasty cycle that we're beginning, and we're watching it unfold right in front of us."

Watch the video clip below to hear more from Glenn:


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