Category: Basic Income

UBI won’t actually help the poor

UBI won't actually help the poor

The idea of a “universal basic income” has been around a long time. Most supporters are broadly on the left of the political spectrum, but many conservative thought leaders, including Charles Murray as well as Reagan officials like James Baker and George Schultz, have also been willing to consider the idea.

The idea behind UBI is simple: replace welfare payments to the poor with cash payments to empower the poor to manage their government benefits. Welfare programs have a bunch of hoops and phase-outs that can often disincentivize going from welfare to work. One problem with UBI (as other conservatives […]

Study Debunks Stereotypes About Homeless People’s Spending Habits

Study Debunks Stereotypes About Homeless People’s Spending Habits

By Dr. Jiaying Zhao

The public has the wrong idea about what homeless people would do after coming into a large amount of money.

A newly published University of B.C. study in Proceedings of the National Academy of Sciences unveils this stark contrast between public perception and reality when it comes to how homeless people manage their finances.Participants in a U.S. survey of more than 1,100 people predicted that recipients of an unconditional $7,500 cash transfer would spend 81 per cent more on “temptation goods” such as alcohol, drugs and tobacco if they were homeless than if they were not.The […]

U of M group advocates for livable basic income

U of M group advocates for livable basic income

September 26, 2023

The cost-of-living crisis and systemic barriers are causing increased financial strain for many, including university students. Now, one group of U of M staff and students is examining the issue of poverty and advocating for systemic change ahead of the provincial election on Oct. 3.

Bare Necessities is a group created by U of M Community Engaged Learning staff and students in partnership with Poverty Awareness and Community Action, a U of M program that raises awareness and offers advocacy workshops for students and the broader Winnipeg community.The group aims to teach staff and U of M students […]

The Investing Combo Linked to a Better Retirement Lifestyle

The Investing Combo Linked to a Better Retirement Lifestyle

Have a nice day Photo / Shutterstock.com Blending doesn’t just make for a tasty smoothie — it can also lead to a better lifestyle in retirement, according to a new study.

In retirement , some people choose to have blended income, or a combination of investments like 401(K)s and fixed annuities , which provide a guaranteed income stream in retirement. Investment bank Goldman Sachs’ annual retirement report found that retirees who adopted a blended income strategy tended to be more satisfied with their income.

Retirees with this kind of blended income also showed higher levels of confidence making the transition […]

Migrant from Guatemala says he will hire lawyer with Denver Basic Income Project help | David Heitz

Migrant from Guatemala says he will hire lawyer with Denver Basic Income Project help | David Heitz

Mauricio asked the Denver City Council Monday to continue funding the Denver Basic Income Project.Photo byDenver 8/City and County of Denver A migrant from Guatemala thanked the City Council Monday for funding the Denver Basic Income Project and asked they continue to fund it so he can hire a lawyer and become a U.S. citizen.

For the past several weeks at City Council meetings, people have been speaking in support of the project. The Denver Basic Income Project, or DBIP, provides no-strings attached cash to 807 people experiencing homelessness, according to a fact sheet on its website. Nearly half have […]

Women’s welfare: A case for Kalaignar Magalir Urimai Thogai

Women's welfare: A case for Kalaignar Magalir Urimai Thogai

Representative image • SATHYAN AND MEHARAZ

The Tamil phrase “Magalir Urimai Thogai” means “Rightful Money of Women.” It’s not a freebie, assistance, or revdi, but a recognition of women’s rights, as Chief Minister MK Stalin emphasised during the scheme’s launch. Highlighting its features, he discussed the historical shift from matriarchal to patriarchal societies, the role of the Self-Respect and Dravidian movements in women’s empowerment, and the ongoing gender pay gap and unpaid domestic work. Launched on Sept 15, the birth anniversary of Perarignar Anna, an advocate of State autonomy and self-determination, the scheme honours his legacy of legalising self-respect […]

U.S. citizenship via Denver Basic Income Project

U.S. citizenship via Denver Basic Income Project

Mauricio asked the Denver City Council Monday to continue funding the Denver Basic Income Project. A migrant from Guatemala thanked the City Council Monday for funding the Denver Basic Income Project and asked they continue to fund it so he can hire a lawyer and become a U.S. citizen.

For the past several weeks at City Council meetings, people have been speaking in support of the project. The Denver Basic Income Project, or DBIP, provides no-strings attached cash to 807 people experiencing homelessness, according to a fact sheet on its website. Nearly half have a disability. People with severe mental […]

Marchers Call for Funding for Denver’s Program of Giving Cash to Unhoused People

Marchers Call for Funding for Denver’s Program of Giving Cash to Unhoused People

Nearly 100 people marched around Civic Center Park September 22 in support of expanding Denver’s basic income pilot program, which provides varying amounts of no-strings-attached cash to unhoused people.

The rally was hosted by the Denver Basic Income Project (DBIP), a nonprofit that has distributed no-strings-attached cash payments to over 800 unhoused people in Denver. Attendees included advocacy organizations like Servicios De La Raza, a 51-year-old advocacy organization that provides services for low-income earning households, as well as state lawmakers, local residents, and activists. It was held at the end of so-called the Denver City Council’s “Budget Week,” when the […]

‘Denver Basic Income Project’ Coming to an End?

‘Denver Basic Income Project’ Coming to an End?

Advocates for the Denver Basic Income Project rallied at the Colorado Capitol on Friday to urge local leaders to support additional funding for the program, which provides direct cash assistance to people experiencing homelessness.

In honor of Basic Income National Day of Action, DBIP leadership and other supporters marched from the Colorado Capitol to the Denver City and County Building to demand Mayor Mike Johnston fund another year of the program.

The project is coming to the end of its first full-scale launch of the program , which was possible thanks to funding from the city. Mark Donovan, founder and director […]

Delaware pilots guaranteed income: New mothers get $1,000 a month

Delaware’s program is different in that the money is just going to those who are pregnant with low-income in targeted ZIP codes. The state’s program is being funded with a combination of federal pandemic relief dollars and staff from the state Division of Public Health.

The initiative is being overseen by the Delaware Healthy Mother and Infant Consortium , whose mission is to reduce infant and maternal mortality and improve the health of new moms and babies.

Delaware’s infant mortality rate was one of the highest in the nation two decades ago, but efforts to reduce it have paid off, […]