Category: Basic Income

Zuma releases Heher report on tertiary education fees

Government should hike expenditure on higher education and training to at least 1% of GDP and replace the current bursary scheme with government-backed guarantees for commercial loans for all tertiary students.

This is contained in the 748-page commission report‚ in which retired judge Jonathan Heher probed the feasibility of free tertiary education.

The report was released by President Jacob Zuma on Monday.He said no decision had been taken on the recommendations as yet.“The Inter-Ministerial Committee on Higher Education Funding led by the Minister in the Presidency Mr Jeff Radebe‚ and the Presidential Fiscal Committee whose lead Minister is the Minister of […]

Free Money: The Surprising Effects of a Basic Income Supplied by a Tribal Government

Free Money: The Surprising Effects of a Basic Income Supplied by a Tribal Government

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Health Department used federal money for other purposes The Seattle Times (Today) – OKLAHOMA CITY (AP) — The Oklahoma Department of Health shifted some federal funds into programs the money was never intended to fund and now faces a $30 million shortfall that…

In the last 2 hours You may not fare as well, financially speaking, with basic economy Los Angeles Times (Today) – Nice article on basic economy fares [“Is Basic Economy Worth It?” On the Spot, by Catharine Hamm, Nov. 5]. One surprising thing I’ve seen is that those […]

Free Money: The Surprising Effects of a Basic Income Supplied by Government

Free Money: The Surprising Effects of a Basic Income Supplied by Government

The town of Cherokee sits in the Qualla Boundary, a large tract in North Carolina that is home to the Eastern Band of Cherokee and the Cherokee Central School. Skooter McCoy was 20 years old when his wife, Michelle, gave birth to their first child, a son named Spencer. It was 1996, and McCoy was living in the tiny town of Cherokee, North Carolina, attending Western Carolina University on a football scholarship. He was the first member of his family to go to college.

McCoy’s father had ruined his body as a miner, digging tunnels underneath lakes and riverbeds, and […]

Ubi universal basic income

economy, according to a new analysis, one of the first to consider . Universal Basic Income may be our only way out. Jun 23, 2017 Yes, UBI could be an important part of a radical agenda. org). Switzerland held a referendum on the introduction of a nationwide UBI (which it rejected) in 2016 Jul 21, 2017 Let the robots take our jobs and pay for a universal basic income UBI, an economic proposition in which a sum of money is regularly paid to a Sep 18, 2017 Universal basic income (UBI) pros and cons with supporting evidence including studies, […]

The Conservative case for a Universal Basic Income

The Conservative case for a Universal Basic Income

A Universal Basic Income (UBI) is something that has often been talked about among regional authorities and more rarely by national Governments, it is not a new concept by any means but it is also something that has never been truly implemented (No seriously! Unlike socialism there really is no examples of a full UBI in practice), anywhere, which in itself is quite miraculous that in all our years of democratic society, we have never had a UBI system in place.

Before I go into the “why”, I want to clarify the “what”, as often things are mislabelled as being […]

Guaranteed minimum income pros and cons

DiSCUSSion oF PRoS AnD ConS can be confusing. Choose. TheDailySheeple. . it might be A Bloomberg View column analyzes the idea’s pros and cons. May 12, 2015 The Pros and Cons of a Guaranteed National Income In considering some form of a universal basic income, we should avoid falling into the Apr 12, 2017 In June 2016, Switzerland overwhelmingly rejected a vote to introduce a universal income, citing concerns that greater spending would leave Jan 11, 2017 As Finland tests a program to give a universal basic income to unemployed citizens, many wonder if a similar initiative could work […]

Guaranteed minimum income switzerland

Jump up ^ Swiss to vote on guaranteed income for all The Local, 27 January 6 Jun 2016 The universal basic income is one of those ideas whose time, I think, has come. Jun 2, 2016 Mark Gimein on the vote in Switzerland about whether to give a government- guaranteed minimum income to every citizen. It would have prohibited discrimination in taxes for married couples (who pay . Jack Smith IV, Mic. 6 May 2016 The Swiss really don’t want it. 6 Jun 2016 THE Labour Party is steaming ahead with plans for a minimum salary for workers no […]

MP Bob Bratina Column: Standing up for families

MP Bob Bratina Column: Standing up for families

Two years have passed since my election as your member of Parliament for Hamilton East — Stoney Creek.

In those two years we have made a number of accomplishments, such as reducing wait times for EI benefits from two weeks to one, restoring the age of eligibility for Old Age Security and Guaranteed Income Supplement to 65 from 67, providing monthly grants to people providing care to our veterans, and introducing the new Canada Child Benefit (CCB) that’s helping nine out of 10 families receive more money each month.

In Hamilton, during the month of July, for example, 44,000 families received […]

Could a ‘Universal Basic Income’ ever work in the US? Depends on who you ask.

Could a 'Universal Basic Income' ever work in the US? Depends on who you ask.

Labor economists have been warning the public about the consequences of automation for years. Today, many experts say that automation and artificial intelligence are more responsible for the decline in manufacturing jobs than globalization. More and more retail stores are shutting down because of online shopping or they’re replacing human cashiers with self checkout lanes and self driving cars are poised to take over the ride share and trucking industry in the not so far away future. Which begs the question, what’s going to happen to all those workers?

In January, Finland randomly picked 2,000 citizens between the ages […]

Why I Am Reluctant to Begin Considering Ways to Fund the Basic Income

Why I Am Reluctant to Begin Considering Ways to Fund the Basic Income

Why I Am Reluctant To Begin Considering Ways To Fund The Basic Income The basic income, instituted in Britain as it is, will be plagued by a ‘Capitalism problem’. We, as a society, need to ask the tough questions about whether capitalism remains a viable way to arrange our economic lives.

Anyone who is genuinely open to the idea of giving every legal resident of Britain, 16years and over, an unconditional, non-taxable income, on a frequent basis, at a level consistent with their subsistence, would surely agree that we could definitely find a way to fund it if we […]