Category: Basic Income

Two-thirds of college Democrats support a universal basic income such as that proposed by presidential candidate Andrew Yang , which would give $1,000 a month to every American over the age of 18, according to a new College Pulse survey of 2,000 students.

A universal basic income is not as popular among Republican students, though, as only 18 percent responded that they’d back it.

Altogether, 53 percent of college students said they supported a universal basic income, according to the survey.The survey also found that there were some stark racial divides on the idea, as only 47 percent of white students […]

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Democratic presidential candidate Andrew Yang has been stealing the hearts of Millenials with his promise of Universal Basic Income. Yang plans to give every adult in America $1000 a month. Young Americans drowning in student debt have been furiously joining the Yang gang. Free money sounds good, right?

Except that it would never work. In fact, it’s essentially economic suicide.

Universal Basic Income is basically a fancy way of saying "expanding the welfare state." As in, the entire country becomes a welfare state. Instead of analyzing economic needs in order to determine who needs welfare and in what amount, UBI gives […]

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Congressional candidate Paperboy Love Prince. | Paperboy Prince For every policymaker, elected official or other New York political leader who graces the cover of City & State, there are lots of other newsmakers who we speak to for shorter interviews published in print and online. These Q&As can range from informational to heated, but the goal is to provide our readers with additional facts and illuminating perspectives. From lawmakers interviewed in the halls of power to presidential candidates calling in from the campaign trail, these are a few of City & State’s best Q&As of 2019.

Former Rep. Steve Israel […]

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Get 20% off a premium subscription at http://www.brilliant.org/answerswithjoe With AI and automation already displacing jobs in the United States, and the problem only expected to get worse, the idea of a Universal Basic Income is being touted as a solution to save us. But is it all it’s cracked up to be? Curious about Andrew Yang’s platform for UBI? Check it out on his website: https://www.yang2020.com/policies/the-freedom-dividend/ Support me on Patreon! http://www.patreon.com/answerswithjoe Get cool nerdy t-shirts at http://www.answerswithjoe.com/shirts Interested in getting a Tesla? Use my referral link and get […]

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As I said, UBI is like minimum wage, cheap to implement but because bureaucracy is not mature so cannot do means testing but has long term consequences like cannot take away (very difficult) which may cause country to go broke or gahmen in power fudge accounts, secretly sell off national assets like fighter planes, cut corners like close down schools, hospitals and police stations, until the whole society can become quite hopeless/ lawless as well.

Targeted help is best and repeated reassessments of the program are necessary to improve the support programmes for poor people. […]

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Unemployed people in Germany have been eligible to receive monthly payments from the government since 2005. But the payments could be suspended if individuals didn’t actively search for work.Last month, the German supreme court ruled that the policy was unconstitutional.It instated new regulations that guarantee a minimum payment of 300 euros ($333) per month for unemployed residents.Some consider this the world’s newest example of a basic-income policy.Visit Business Insider’s homepage for more stories.For about 15 years, Germany offered a social assistance benefit that was widely considered the opposite of basic income.Any single, adult German resident who could not make […]

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Unemployed people in Germany have been eligible to receive monthly payments from the government since 2005. But the payments could be suspended if individuals didn t actively search for work. Last month, the German supreme court ruled that the policy was unconstitutional. It instated new regulations that guarantee a minimum payment of 300 euros ($333) per month for unemployed residents. Some consider this the world s newest example of a basic-income policy. Visit Business Insider s homepage for more stories. For about 15 years, Germany offered a social assistance benefit that was widely considered the opposite of basic income. […]

Full Post at economynews.shafaqna.com

Unemployed people in Germany have been eligible to receive monthly payments from the government since 2005. But the payments could be suspended if individuals didn’t actively search for work.

Last month, the German supreme court ruled that the policy was unconstitutional.

It instated new regulations that guarantee a minimum payment of 300 euros ($333) per month for unemployed residents. Some consider this the world’s newest example of a basic-income policy. Visit Business Insider’s homepage for more stories. For about 15 years, Germany offered a social assistance benefit that was widely considered the opposite of basic income.Any single, adult […]

Full Post at www.businessinsider.com

Budget 2020: According to Former chief economic adviser Arvind Subramanian, income tax relief might have only limited impact on consumption, as only 5 per cent of population pays the tax. Budget 2020 India: Arguing against a major restructuring of personal income tax at this juncture to give relief to taxpayers, former chief economic adviser Arvind Subramanian said on Tuesday that instead, the forthcoming Union Budget (2020-21) ought to bring back honest accounting of the Centre’s finances and refrain from rolling out any additional fiscal stimulus. Rather than coming out with any surprises or making dramatic announcements, the Budget should […]

Full Post at www.financialexpress.com

Democratic presidential candidate Andrew Yang is on to something: Americans could use a big "freedom dividend" — that is, a guaranteed source of income on which they can rely month after month, free from the uncertainties of the job market and employment. But like many Democrats’ ideas, Yang’s otherwise brilliant insight is corrupted by an ideology that strangely sees the government as the engine of wealth creation and distribution.

Yang’s plan to provide a universal basic income of $1,000 per month to every American over age 18 sounds pretty good. All that money could go toward education, health care, job […]

Full Post at townhall.com