Opinion: In Joe Biden’s massive relief bill are echoes of Richard Nixon’s plan to attack poverty and hunger

Opinion: In Joe Biden's massive relief bill are echoes of Richard Nixon's plan to attack poverty and hunger

Shhsh. Don’t tell Joe Biden, but he is the modern incarnation of Richard M. Nixon.

Not with Watergate. Not with his heritage as a cold warrior. Not with his instinct for scheming against his enemies.

But with his $1.9 trillion coronavirus-relief bill, Biden is taking a page from Nixon’s approach to fighting poverty. And at the same time, he inadvertently is taking aim at nearly a century of Democratic dogma on social-welfare programs.More than 50 years ago, Nixon — employing the Benjamin Disraeli approach of using liberal means to achieve conservative goals — startled Washington with his guaranteed-income plan, which passed […]

San Francisco Launches ‘Guaranteed Income’ Pilot Program for Struggling Artists

San Francisco Launches ‘Guaranteed Income’ Pilot Program for Struggling Artists

A view of San Francisco’s City Hall on July 20, 2020, as protesters paint a mural during the nationwide Strike for Black Lives. A new pilot program will pay struggling San Francisco artists $1,000 a month for six months—with no strings attached.

Administered by Yerba Buena Center for the Arts, the “ Guaranteed Income Pilot ” cash relief program, which starts accepting applications on Thursday, March 25, aims to support artists in underserved communities who have been disproportionately affected by the COVID-19 pandemic.

“The arts are truly critical to our local economy and are an essential part of our long-term recovery. […]

Rashida Tlaib Calls for $2K Checks for All Americans and Noncitizens, Funded by U.S. Mint

Rashida Tlaib Calls for $2K Checks for All Americans and Noncitizens, Funded by U.S. Mint

Legislation reintroduced by Democratic Representative Rashida Tlaib of Michigan would provide payments of $2,000 to every American as a coronavirus relief measure.

"In the last year of this global pandemic, we have seen corporations and CEOs reap the benefits of payouts and soaring profits while everyday workers, low-income people and families across the country have been left to scrape by without any recurring, aggressive, and inclusive financial assistance from our federal government," Tlaib said in a press release. She was announcing the Automatic Boost to Communities ( ABC ) Act, which she has reintroduced along with Democratic Representative Pramila Jayapal […]

Opinion: Non-homeowners paying the cost of Covid-19 recovery

Opinion: Non-homeowners paying the cost of Covid-19 recovery

By Dr Brendon Blue * for The Democracy Project

Opinion – The day after New Zealand’s first lockdown was announced, I expressed to a senior colleague my concern for those around the country whose livelihoods would suffer as a result. The economy is now structured to favour wealth over work which means owning a house is more important than turning up to a job, Brendon Blue argues. Photo: 123RF She agreed, but was confident that the spirit of "we’re all in it together" accompanying these drastic public health interventions would allow the government to lead the country towards […]

Sponsor Considerations for Retirement Income Solutions

Sponsor Considerations for Retirement Income Solutions

(Photo: Dark1elf, Dreamstime)

Several new products aimed at providing retirees with ways to turn their 401(k) savings into income have come to market recently, a trend that will surely continue, according to Jennifer DeLong, Senior Vice President and Managing Director, and Head of Defined Contribution at AllianceBernstein . Advisors need to begin educating themselves on these tools and strategies to serve their clients and, ultimately, participants, she said.

How to address retirement income within defined contribution plans is an area where plan sponsors do need help, DeLong said. “Plan sponsors of all sizes generally need help with that because the […]

Call to Use COVID-19 Relief Package to Send Chicagoans Cash Triggers Reparations Debate

Call to Use COVID-19 Relief Package to Send Chicagoans Cash Triggers Reparations Debate

(benscripps / Pixabay) A call for Mayor Lori Lightfoot to use COVID-19 relief fund to send cash assistance payments to Chicagoans struggling to stay afloat during the pandemic triggered a heated debate on reparations for the descendants of enslaved people.

Although the City Council voted 30-18 to pass the nonbinding resolution championed by Alds. Gilbert Villegas (36th Ward) and Maria Hadden (49th Ward), Black Caucus Chair Ald. Jason Ervin (27th Ward) said it was an insult to talk about using $50 million to send 5,000 of Chicago’s neediest families $500 a month without having a plan in place to pay […]

The Bezos Earth Fund Needs to Stop Shortchanging Environmental-Justice Nonprofits

The Bezos Earth Fund Needs to Stop Shortchanging Environmental-Justice Nonprofits

Nonprofit News From Elsewhere

Oakland will launch a guaranteed-income program with money from private donors. The city will send $500 a month to up to 600 families of color with incomes below a certain threshold. Funded in part by the Blue Meridian Partners philanthropy, the program is part of a growing movement that advocates hope will ultimately become a federal program. The Oakland effort is unique in targeting only families of color who make on average one-third of what white families earn in the Oakland area, and it is the biggest guaranteed-income program so far. In an earlier pilot […]

Covid offers chance to introduce FREE monthly income for every UK citizen claims expert

Covid offers chance to introduce FREE monthly income for every UK citizen claims expert

Universal basic income removes ‘incentive’ says analyst

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When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Universal Credit claimants with children may claim a budgeting advance UBI supporters argue it is needed to eliminate absolute poverty and prepare for a world where an increasing proportion […]

Moms to receive unrestricted cash in MCF project

Moms to receive unrestricted cash in MCF project

A group of moms in Marin will receive $1,000 a month for two years to demonstrate the impact of a universal basic income. Adding to a growing body of research that shows that providing an income floor results in dramatic improvements to quality of life, the Marin Community Foundation will give cash, with no restrictions on how it is spent, to 125 randomly selected residents.

“The evidence is clear that it’s a useful way of supporting moms and families to achieve greater self-sufficiency and independence,” said Jonathan Logan, the foundation’s vice president of community engagement. “We are extremely excited about […]

California City Debuts Universal Basic Income Program To Help Residents Survive Economic Crisis

California City Debuts Universal Basic Income Program To Help Residents Survive Economic Crisis

Judy van der Velden / Flickr.com At the height of the pandemic in the U.S., politicians from Andrew Yang to Bernie Sanders touted the benefits of some form of Universal Basic Income to help Americans through unprecedented times. The childcare tax stimulus that parents will receive as part of President Joe Biden’s American Rescue Plan is the closest the federal government has offered to universal basic income.

Find Out: Biden’s $1,400 Stimulus Checks Won’t Work – How Economists Think We Should Use the Money Instead
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The City […]