Reps. Ayanna Pressley and Rashida Tlaib Announce The BREATHE Act

Reps. Ayanna Pressley and Rashida Tlaib Announce The BREATHE Act

Calling For Defunding Police, Reparations, and Universal Basic Income

By Selena Hill, Black Enterprise

In wake of the nationwide calls to end police brutality and systemic racism, two progressive members of Congress are throwing their support behind a bill that proposes to overhaul the criminal justice system. Drafted by the Movement for Black Lives, the BREATHE Act comes in response to the ongoing protests demanding justice for George Floyd, Breonna Taylor, and other Black men and women killed by police.In a press conference Tuesday, Reps. Ayanna Pressley of Massachusetts and Rashida Tlaib of Detroit announced the BREATHE Act. Under the […]

Twitter CEO Jack Dorsey To Donate $3 Million For Basic Income Program

Twitter CEO Jack Dorsey To Donate $3 Million For Basic Income Program

Twitter CEO Jack Dorsey has become the first billionaire in a radical plan to give people a basic income. Photo shows the Twitter logo.
(Photo: REUTERS/Brendan McDermid) Jack Dorsey, the billionaire chief executive officer of Twitter and Square – whose market value is pegged at over $7 billion – is donating $3 million to help free cash payment research for Americans, he disclosed on Thursday.

Dorsey is handing out the cash to Mayors for a Guaranteed Income , an organization of mayors who support universal basic income, including investing in pilot projects across the United States. Universal basic income is […]

Twitter CEO Jack Dorsey Donates $3 Million to Test Universal Basic Income

Delhi state university exams cancelled covid-19 disruptions manish sisodia Twitter chief government Jack Dorsey has mentioned he’ll donate $Three million (roughly Rs. 22.55 crores) to a bunch of US mayors to experiment with the creation of common fundamental earnings.

The sum will go to the group Mayors for a Guaranteed Income (MGI), a coalition of leaders from 16 cities who’re in favour of common fundamental earnings — common funds to residents usually meant to battle poverty and meet residents’ fundamental wants.

“This is one tool to close the wealth and income gap, level systemic race and gender inequalities, and create economic […]

Painful Truth: UBI fends off fear of poverty

Painful Truth: UBI fends off fear of poverty

The universal basic income (UBI) idea is back in a big way in Canada.

An Angus Reid poll in June showed that 59 per cent of Canadians were in favour of some variation on a basic income.

A Parliamentary Budget Office (PBO) study released this week showed that the cost of a basic income of $16,689 per year ($24,027 for couples) would cost Canada between $47.5 and $98 billion for the last six months of the fiscal year.And of course, a lot of us have now had experience with an emergency basic income – a huge number of households have at […]

Old versus young: The coronavirus has drawn the wrong battlelines

Old versus young: The coronavirus has drawn the wrong battlelines

The debate over the economic effect of the coronavirus is not an old versus young problem. Image: TND

The financial effect of the coronavirus and the measures taken to curb its spread have been pitched as a battle between young and old.

Some commentators describe it as a war between generations, with young people having to sacrifice their freedom, lifestyles and their economic growth and security for older vulnerable people who have already established themselves economically in the world.This is a misleading argument.It conveniently papers over the real problem: structural inequities created by successive conservative governments that have embraced neo-liberal […]

Guaranteed income from the government isn’t the answer to closing the wealth gap

These are incredibly tough times for Texas and all Americans. On top of the economic pain from months of shelter-in-place orders, the violence and unrest we’ve seen arising from the death of George Floyd has brought economic inequality to the top of the political discussion.

Many progressives are preaching about universal basic income, or UBI, as one way to address lack of economic advancement. Most basic income plans would send people a check of up to $1,000 per month to essentially stay home and do nothing.

For starters, the economics of UBI are questionable, and the public policy implications are worse. […]

Reps. Ayanna Pressley and Rashida Tlaib Announce The BREATHE Act, Calling For Defunding Police, Reparations, and Universal Basic Income

Reps. Ayanna Pressley and Rashida Tlaib Announce The BREATHE Act, Calling For Defunding Police, Reparations, and Universal Basic Income

In wake of the nationwide calls to end police brutality and systemic racism, two progressive members of Congress are throwing their support behind a bill that proposes to overhaul the criminal justice system. Drafted by the Movement for Black Lives, the BREATHE Act comes in response to the ongoing protests demanding justice for George Floyd, Breonna Taylor, and other Black men and women killed by police.

In a press conference Tuesday, Reps. Ayanna Pressley of Massachusetts and Rashida Tlaib of Detroit announced the BREATHE Act. Under the bill, The Movement for Black Lives, a coalition of more than 150 organizations, […]

Universal basic income cause gets a $3 million boost from Jack Dorsey

Universal basic income cause gets a $3 million boost from Jack Dorsey

Universal basic income cause gets a $3 million boost from Jack Dorsey 1 Jack Dorsey, the billionaire co-founder of Twitter, is donating $3 million to help fund a group of guaranteed income pilot programs that will put cash directly in the hands of Americans who need it the most in more than a dozen cities across the United States.

The recipient, an organization called Mayors for a Guaranteed Income, founded last month, is a network of mayors who say they believe all Americans should have an income floor, also known as a universal basic income, to help reduce economic insecurity […]

The case for a universal basic income

The case for a universal basic income

Rice farming in Vietnam. The COVID-19 pandemic is exposing inequalities and vulnerabilities of huge populations in the region, including the estimated 1.3 billion informal workers in the Asia-Pacific. Photo: UNDP/Linh Pham Rule number one of crisis management: When you find yourself in a hole, first, stop digging.

In the COVID-19 outbreak frenzy, several countries are considering massive fiscal stimulus packages and printing money, to blunt the concurrent crises underway: the pandemic and the unraveling economic depression.

These plans are essential, but they need to be strategic and sustainable. Because in addressing the current crises, we must avoid sowing seeds of new […]

Twitter’s Dorsey donates $3 mn to test universal basic income

Twitter's Dorsey donates $3 mn to test universal basic income

Twitter chief executive Jack Dorsey (File Pic) SAN FRANCISCO: Twitter chief executive Jack Dorsey has said he will donate $3 million to a group of US mayors to experiment with the creation of universal basic income .

The sum will go to the group Mayors for a Guaranteed Income (MGI), a coalition of leaders from 16 cities who are in favor of universal basic income — regular payments to residents generally meant to fight poverty and meet citizens’ basic needs.

"This is one tool to close the wealth and income gap, level systemic race and gender inequalities, and create economic security […]