Category: Basic Income

City council votes against funding for Denver Basic Income Project

City council votes against funding for Denver Basic Income Project

City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project City council votes against funding for Denver Basic Income Project By Esteban L. Hernandez

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The Denver City Council on Monday night rejected an attempt to continue […]

Baraka releases sweeping economic platform as governor’s race heats up

Baraka releases sweeping economic platform as governor’s race heats up

Mayor Ras Baraka at a community violence intervention summit with mayors from the New Jersey Urban Mayors Association. August 31, 2023. (Photo: Kevin Sanders for the New Jersey Globe). Newark Mayor and gubernatorial candidate Ras Baraka unveiled extensive economic proposals Wednesday aimed at creating a “reimagined opportunity economy.”

The progressive mayor’s economic agenda is his latest gubernatorial platform tenet to be released: He’s already announced landmark housing , tax , and healthcare proposals. The Democrat’s economic plan includes nearly two dozen proposals, including free community college, an expansion of the state’s child tax credit, a minimum wage hike, an expansion […]

UBI Universal Basic Income

UBI Universal Basic Income

Implementing a Universal Basic Income (UBI) of $10,000/month would significantly impact various aspects of society.
Such as poverty eradication, Homelessness reduction, Debt alleviation, Crime reduction, Simplified to a nonexistent welfare system and Economic stimulus.
A Universal Basic Income (UBI) presents more benefits than drawbacks, potentially transforming society positively by eradicating poverty, Reduced inequality, Financial security, Stress reduction, Increased entrepreneurship, Improved mental/physical health and Enhanced creativity.
By addressing potential challenges through careful planning and implementation, the benefits of UBI can outweigh the drawbacks, leading to a more equitable society.
X to doubt. There is a severe lack of understanding by the […]

SASSA Universal Basic Income Grant 2024, What’s the Possibility of Regular Payments to All Individuals?

SASSA Universal Basic Income Grant 2024, What’s the Possibility of Regular Payments to All Individuals?

South Africa is currently experiencing its most significant political change since the end of apartheid, following the African National Congress (ANC) losing its majority in the general elections on 29 May 2024. This historic event has led to a period of complex negotiations between the ANC and its political rivals as they strive to form a coalition government.

The upcoming weeks will involve intense discussions among political parties to form a new government. While many differing views exist, most parties, including the ANC and its main competitor, the Democratic Alliance, agree on the importance of maintaining or increasing income support […]

LA Community Colleges test out guaranteed basic income for students

LA Community Colleges test out guaranteed basic income for students

Students with backpacks walk in front of the LACC Student Center. There will be research

It’s stress relief

The Los Angeles Community College District (LACCD) announced on Tuesday that it’s selected 250 students to receive $1,000 each month for one year.The program is called BOOST, or Building Outstanding Opportunities for Students to Thrive. The goal is to help students who have struggled to make ends meet not have to choose between finishing their degrees or working to put food on the table or pay rent.“They face financial insecurity, many of them having to make a choice between […]

Chavit unveils electric PUV plan

Chavit unveils electric PUV plan

SENATORIAL candidate Chavit Singson warmly greets supporters at a lively gathering of senior citizens at SM Manila. Amid the cheers and applause, Manong Chavit presented his campaign platform, promising to uplift the lives of Filipinos with bold initiatives and heartfelt commitment to the nation’s future. PHOTOGRAPH COURTESY OF chavit singson camp Published on:

Senatorial candidate Luis “Manong Chavit” Singson unveiled a bold plan on Tuesday to address Manila’s longstanding transportation challenges, gaining a significant endorsement from former Manila Mayor Francisco “Isko Moreno” Domagoso.

Singson revealed his vision for modernizing the city’s public transportation system at a gathering of thousands of senior […]

More than 5.5m private renters could only afford 10 weeks off work

More than 5.5m private renters could only afford 10 weeks off work

rent getty-images-a9XZBC5HxsI-unsplash More than one in three (35%) private renters 1 in the UK – equivalent to 5.5m people 2 – would run out of savings within 10 weeks if they were unable to work due to injury or illness.

New research from Scottish Widows found that a similar proportion of private renters (32%) said they would need to rely on financial support from loved ones and almost one in five (18%) would need to take out a loan if they couldn’t work. Nearly a fifth (16%) said they would have no choice but to move out of their […]

Universal Basic Income Proposal In the U.S. For These Residents In 2024: Know Eligibility

Universal Basic Income Proposal In the U.S. For These Residents In 2024: Know Eligibility

Universal Basic Income (UBI) is gaining traction as a bold solution to address poverty, income inequality, and economic instability in 2024. By offering regular, unconditional payments to individuals, UBI aims to ensure a baseline standard of living for everyone. This innovative approach has sparked debates and pilot programs across the United States, offering insights into its potential as a transformative policy.

In this guide, we’ll dive into how UBI works, who qualifies, and its possible future impact. Whether you’re curious about its benefits or exploring ways to participate, let’s unpack the details. Basics

UBI is simple at its core: it […]

Does Universal Basic Income Work?

Does Universal Basic Income Work?

A new study sheds light on its limitations as a policy tool to alleviate poverty.

Michael Edwards A new study conducted by OpenResearch, a non-profit of which Sam Altman sits on the board of directors, provides the latest data on universal basic income (UBI).

Researchers worked with two non-profits in Texas and Illinois to conduct a cash transfer program that distributed $1,000 per month to 1,000 low-income individuals over a 3-year period. They transferred $50 per month to 2,000 low-income individuals as a control.Participants reported average household income of ~$29,900, so the $12,000 per year transfer represented a ~40% increase […]