Category: Basic Income

Hoosiers Hopeful After IRS Announces Monthly Child Tax Credit Payments Start July

Hoosiers Hopeful After IRS Announces Monthly Child Tax Credit Payments Start July

Eliza Carey (left) sits with her children. "This (expansion with monthly payments) is gonna make a big difference for a lot of families," she said. (Alex Paul, WTIU/WFIU News) Life seems to be inching closer to normal every day. The weather’s getting warmer, businesses are hiring and more people are getting vaccinated.

But in the Carey household on Bloomington’s south side, things remain far from normal.

“Hopefully, I’ll be able to go (to work) full time soon,” says Eliza Carey from her couch. Her two-year-old daughter Makayla clings to her lap while six-year-old Raelynne sits nearby. The three older kids are […]

Is it time to look at a universal basic income for everyone in Scotland?

Imagine at the end of every month, you got a few hundred quid in your bank account just for being alive.

Does that sound mad? Yes, it does. But that is no measure of whether it is possible or not. Bear firmly in mind that not too far back in our social history, the notion of women being allowed to vote sounded bonkers. As did the idea of a welfare state and a national health service.

Universal Basic Income (UBI) is a game-changing idea in that same mould and, if done correctly, it would profoundly alter the way we […]

Is it time to look at a universal basic income for everyone in Scotland?

Is it time to look at a universal basic income for everyone in Scotland?

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Imagine at the end of every month, you got a few hundred quid in your bank account just for being alive.Does that sound mad? Yes, it does. But that is no measure of whether it is possible or not. Bear firmly in mind that not too […]

Welfare programmes and the developing world conundrum

The Third Industrial Revolution, birthed by global capitalism, brought with it new technologies and the promise of real change. Yet it has failed to deliver on several fronts, such as curbing climate change, the depletion of natural resources and poverty.

Much lip service has been paid to tackling these issues and many social programmes have been instituted towards this end. Yet despite all this, poverty is on the rise, globally, including in affluent western countries. Thus, the gap between rich and poor is widening at rapid pace. Nowhere is this more pronounced than in the developing world.

To address such disparities, […]

Andrew Yang Hasn’t Done the Math

Andrew Yang Hasn’t Done the Math

Will Andrew Yang, the current front-runner, become New York City’s next mayor? If he wins, would he be any good at the job? I have no idea, although I’m skeptical about the latter.

My guess is that the mayoral office needs an effective political brawler, not an intellectual, and Yang, who has never held office, owes his prominence largely to his reputation as a thought leader, someone with big ideas about economics and policy.

What I do know is that Yang’s big ideas are demonstrably wrong. Shouldn’t that be cause for concern?Yang’s claim to fame is his argument that we’re facing […]

Cambridge to provide guaranteed income of $500 a month to more than 100 residents

Cambridge to provide guaranteed income of $500 a month to more than 100 residents

As the debate over the idea of universal basic income continues across the country, the city of Cambridge is set to launch a program providing $500 a month to more than 100 residents.

The city’s Guaranteed Income Pilot Initiative will administer the recurring payments to 120 of the community’s most vulnerable residents for more than 18 months, WHDH reported. The checks will go out to single caretaker households with children under the age of 18.

The pilot program will look at the guaranteed income program’s long-term impact on local and national economic policy as well.Calls for providing people with a guaranteed […]

‘We need at least one more check.’ The case for a fourth stimulus payment

‘We need at least one more check.’ The case for a fourth stimulus payment

Key Points Three rounds of stimulus checks have provided $850 billion in direct relief to Americans.

Yet during a gap between checks last year, up to 8 million Americans fell into poverty.

As the American economy recovers, one group argues at least one more check will help make sure no one slips through the cracks. Signs calling for more relief, a second Paycheck Protection Program and more as part of a campaign by Goldman Sachs supporting small businesses near the U.S. Capitol on Jan. 5, 2021. Stimulus checks have injected about $850 billion in financial support to Americans over […]

Guildford council calls for a basic income for everyone regardless of their employment status

Guildford council calls for a basic income for everyone regardless of their employment status

A Finnish trial gave recipients nearly £500 a month Guildford Borough Council is calling for the Government to trial a Universal Basic Income (UBI) in the borough.

A UBI would provide a regular cash income to every resident without means testing, so regardless of their employment status or whatever other resources they may have.

The concept has attracted renewed interest as a way to reduce poverty in the wake of mass job losses caused by Covid-19.Liberal Democrat councillor Steven Lee, who represents Merrow , quoted Bob Dylan’s The Times They Are A Changing to convince Guildford councillors on Tuesday (April 13) […]

Free Money for New Yorkers? California Experiment Suggests It Could Help

Hundreds of U.S. corporations and executives called for a defense of Americans’ voting rights .

Amazon pledged to promote more Black employees and more women of any race to senior positions.

McDonald’s will require anti-harassment training and violence prevention measures at its 39,000 stores. Claire Suddath – equality newsletter In a few months New York City will choose its next mayor , and according to polls, it just might be Andrew Yang.You may remember Yang from his 2020 Presidential campaign; he talked up basic income, or the idea that Americans should receive a monthly check from the government […]

Cambridge to begin guaranteed income program for poor families

A woman walks by the Washington Elms Housing Development in Cambridge, which sits next to high-rise towers in Kendall Square.John Tlumacki/Globe Staff Cambridge is set to become the second city in Massachusetts to give out no-strings-attached money to its poorest residents in an 18-month pilot program that will begin in August.

Mayor Sumbul Siddiqui is announcing Thursday that the city, through a public-private partnership, has raised $1.5 million for an initiative that gives out $500 a month to 120 households headed by a lone caretaker, such as a single mother. Last November the city of Chelsea launched a similar program […]