Trump’s New Plan for Acquiring Greenland Is UBI for Its Residents—on Americans’ Dime: Report

President Donald Trump’s obsession with acquiring Greenland is ongoing, despite aggressive disinterest on the part of the territory’s inhabitants, or those of its parent country, Denmark. Indeed, the White House is reportedly considering some pretty creative tactics to sell Greenlanders on the deal, including paying them a regular annual stipend—on the U.S. taxpayer’s dime. The New York Times reported last week that the White House has a plan that sounds strikingly similar to a universal basic income scheme, or UBI. Such a program would represent the “carrot” approach, rather than the “stick” (Trump has also suggested a military invasion of Greenland, should Denmark refuse to sell). The newspaper reports that the Trump administration is: …studying financial incentives for Greenlanders, including the possibility of replacing the $600 million in subsidies that Denmark gives the island with an annual payment of about $10,000 per Greenlander. Some Trump officials believe those costs coul ... Read full article.