Category: Basic Income

Nova Scotia coalition calls for policies to help reduce child poverty

Nova Scotia coalition calls for policies to help reduce child poverty

File/ Global News A coalition of 19 groups is banding together to pressure Nova Scotia’s Liberal government to replace what they call “trickle down economics” with measures to reduce rising poverty.

The Nova Scotia Action Coalition for Community Well-Being announced its creation Monday during a news conference at the provincial legislature hosted by the NDP.

Member groups include the Nova Scotia College of Social Workers; the Women’s Centre Connect, which includes nine women’s centres across the province; and the Community Advocate Network, a lobby group formed by citizens living in poverty.Jessie-Lee McIsaac, Canada research chair in early childhood at Mount Saint […]

Legal-Aid town hall protests provincial cuts

Legal-Aid town hall protests provincial cuts

Anita Jean of the Nor’West Community Health Centre (left) speaks while Tracey MacKinnon, John Pateman and Kate Brindley look on at a Legal Aid town hall meeting on Monday, June 3, 2019 at the Finlandia Club. (Leith Dunick, tbenewswatch.com) THUNDER BAY – Organizers of a legal-aid town hall remain hopeful the Conservative government will listen and reverse drastic funding cuts to Ontario’s legal-aid system.

The province, in its April budget, announced it was cutting $300 million from the Ministry of the Attorney General’s budget, $133 million of which was slashed from the legal-aid budget, a drop of 35 per cent.

That […]

Coalition calls for policies to help poor as child poverty worsens in N.S.

Coalition calls for policies to help poor as child poverty worsens in N.S.

With child poverty rates worsening in Nova Scotia, a coalition of 19 social advocacy groups are hoping to work with the province’s Liberal government to tackle issues such as stagnant wages and lack of affordable housing. (Chantal Dubuc/CBC) Nineteen social advocacy groups have banded together to pressure Nova Scotia’s Liberal government to replace "trickle-down economics" with measures to reduce rising poverty.

The Nova Scotia Action Coalition for Community Well-Being announced its creation Monday during a news conference at the provincial legislature hosted by the NDP.

Member groups include the Nova Scotia College of Social Workers; the Women’s Centre Connect, which includes […]

Families, Children and Women Need a Basic Income

Families, Children and Women Need a Basic Income

Women need a basic income because our economy shortchanges families, children, workers, and females. Sadly, being female is often a ticket to poverty in America.

For example, the average working American woman made $31,610 a year in 2017, the US Census Bureau estimates . Meanwhile, the average working man in America had a take home pay of $44,408 a year.

Moreover, the median female income in America in 2017 was $41,977 a year according to the Census Bureau. However, the average 2017 male income in America was $52,146 a year. America Shortchanges Women and Men Interestingly, you can argue America’s […]

Might Universal Basic Income Reduce Obesity?

Might Universal Basic Income Reduce Obesity?

Universal basic income is generating some buzz in this election cycle. Presidential candidate Andrew Yang is pushing this idea of a guaranteed income for every adult. No strings attached. But Alaska already has it. Since 1983, the state’s Permanent Fund Dividend has provided an annual, unconditional, and universal income to Alaskans. What’s more, economists are telling us that it might serve to lower a child’s risk of obesity. Brett Watson, Mouhcine Guettabi, and Matthew Reimer published their analysis last week on SSRN.

A Model from Data on Alaska’s Children and Families

These researchers crunched a lot of data from diverse […]

NoStupidQuestions

If something like UBI (universal basic income) went into effect, wouldn’t the prices of most goods and services also increase in price to reflect the new average “wealth” of individuals?

Don’t get me wrong, I’m all for something like UBI- especially with the ever-increasing wealth gap in the U.S. But, as a person who can’t afford to buy housing and has to rent, I’m skeptical about the actual efficacy of the policy to control price gauges. If a renter knows that renters have additional “income” at their disposable every month, wouldn’t they just hike rates to match this new […]

Reviewing our social welfare scheme

Reviewing our social welfare scheme

Weathering the storm: Improving disaster resilience of rural workers Samurdhi is one of the major welfare schemes in Sri Lanka. It was launched in 1995 with the main goal of reducing poverty through economic development based on public participation. By the end of the 1990s, the program was fully functioning in 21 of the country’s 25 districts.

The program has gone through considerable transformations over the years. More recently, it has been modified to consist two main components – the relief program and the empowerment program. The former includes cash transfer, social security fund, and nutrition. The empowerment program comprises […]

More Consumers Say Yes To Guaranteed Income

More Consumers Say Yes To Guaranteed Income

It’s a choice many people face when they hit retirement age: Keep their funds in a lump sum “nest egg” or put some of that money into a vehicle that provides them with guaranteed income for life.

LIMRA research indicates more people are receptive to the guaranteed income option, but certain consumer segments are more receptive than others.

Having enough money to last a lifetime was the major goal across all financial segments in a recent LIMRA Secure Retirement Institute survey of pre-retirees and retirees. In addition, as many as one-third of pre-retirees said they fear running out of money in […]

Fundamental Case Study: Alcoa Corporation (AA)

Fundamental Case Study: Alcoa Corporation (AA)

Alcoa Corporation (NYSE:AA) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 4.05B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

Alcoa Corporation (NYSE:AA) Fundamentals That Matter

It’s generally […]

Brazil: Small city in Brazil implements a modest, partial basic income

Maricá at a distance.

Original article by Eduardo Suplicy

Last Saturday, May 25 th 2019, an event took place in Maricá , a city on the coast of the state of Rio de Janeiro, where the mayor Fabiano Horta (representant from PT, Partido dos Trabalhadores), vice mayor Marcos Ribeiro and the secretary of Solidarity Economy, Diego Zeidan, announced that, from July 2019 onward, 50000 citizens, a third of its 150000 inhabitants, will receive a Citizen’s Basic Income of 130 Mumbucas , a local electronic currency, equivalent to 130 reais, or US$ 32,5 per month. The plan is to have all Maricá’s […]