Category: Basic Income

Is the era of free money from Uncle Sam upon us?

Is the era of free money from Uncle Sam upon us?

It was once nothing more than wild speculation within the lofty ivory towers of Harvard and Yale, and maybe in the corporate boardrooms of America’s most “forward-looking companies.”

Humans are almost obsolete. Jeff Bezos, even if he is nothing more than a brain floating in an anomalous liquid mounted onto a robot, is likely to find a way to replace every human being’s job within the century. That being the case, wonder the titans of industry, finance and scholarship, how do we keep the proles from rebelling against their own planned obsolescence? The answer that many have arrived at is: […]

British Columbia Basic Income Expert Panel Report

The report of the British Columbia Expert Panel on Basic Income “Covering All the Basics: Reforms for a More Just Society” was released on 28 January 2021. The BC Green Party made a study of basic income a requirement before they would support the NDP’s minority government, as stated in the 2017 Confidence and Supply Agreement between the BC Green Caucus and the BC New Democrat Caucus . The panel was appointed in July 2018. [1] :3

The expert panel members were David Green, Professor at the University of British Columbia (Chair), Jonathan Rhys Kesselman, Professor Emeritus at the […]

What Financial Help Countries Around the World Gave To Their Citizens During the Pandemic

What Financial Help Countries Around the World Gave To Their Citizens During the Pandemic

Jason Whitman / Shutterstock.com Over the past year, COVID-19 has infected tens of millions of people and taken millions of lives. Additionally, those who have managed to evade infection have suffered unprecedented economic turmoil . The IMF estimates that the global economy shrank by 4.4% in 2020, calling it “the worst crisis since the Great Depression.”

Check Out: COVID’s Financial Impact After 1 Year: See All Our Coverage

As a result of the economic disaster, many countries have decided to help their citizens. The United States offered checks of $1,200 and $600 to individuals with more to come in […]

Biden’s American Rescue Plan is actually a huge new school reform

President Biden’s $1.9 trillion American Rescue Plan is aimed at helping the country recover from the coronavirus pandemic — but it is another thing, as well: a major federal school reform unlike those we’ve seen in the past few decades.

While the new law is aimed at helping families get back on their feet and helping businesses and schools reopen after a year of turmoil, it includes measures that together have the potential to slash poverty among the 12 million students who live in low-income households.

Biden himself tweeted recently: “No child should grow up in poverty. The American Rescue Plan […]

City councilors discuss possible pilot programs for guaranteed basic income funded by COVID relief – CBS Chicago

City councilors discuss possible pilot programs for guaranteed basic income funded by COVID relief – CBS Chicago

Chicago (CBS) — On Thursday, the City Council held a hearing on possible pilot programs to help low-income Chicago citizens recover from financial emergencies through a guaranteed base income.

Similar pilot programs in other US cities typically offer about $ 500 in cash to about 125 people for a limited time, untied.

read more: Aldo. Gilbert Villegas (36th), who told the city council that he would soon introduce a guaranteed basic income plan, said the need was urgent.Mr. Birgas said he would like to secure 2% of the $ 1.8 billion federal aid that the city expects to get from […]

Aldermen take first step toward universal basic income pilot program

Aldermen take first step toward universal basic income pilot program

Some Chicago aldermen are pushing to test out a program guaranteeing a basic income to city residents. Arguing that the coronavirus pandemic has been an “equal opportunity destroyer” in Chicago’s Black and Brown communities, Chicago aldermen on Thursday took their first step toward a trail-blazing solution: universal basic income.

Ald. Gilbert Villegas (36th), chairman of the City Council’s Committee on Economic and Capital Development, led his committee through a subject matter hearing that, he hopes, will quickly result in launching on the guaranteed income pilot, using $30 million of the $1.8 billion avalanche of federal relief funds on its way […]

‘Stop defending in court unconstitutional policy on SSI benefits’

‘Stop defending in court unconstitutional policy on SSI benefits’

Sablan The U.S. House Committee on Natural Resources, of which Delegate Gregorio Kilili C. Sablan (Ind-MP) is vice chairman, urged Attorney General Merrick Garland and acting Solicitor General Elizabeth Prelogar yesterday to stop defending in court the alleged unconstitutional policy of automatically stopping Supplemental Security Income benefits to Americans who move to certain U.S. territories.

Committee chair Raul M. Grijalva (D-Arizona) and Sablan, along with 11 other members, informed Garland and Prelogar in a letter that they are working with the Biden-Harris administration for a possible legislative fix.

The lawmakers said the SSI program is a critical lifeline for vulnerable, low-income […]

Advocate of guaranteed income to advise California governor

Advocate of guaranteed income to advise California governor

SACRAMENTO, Calif. (AP) — A former mayor in California who gained national attention for running the country’s highest-profile experiment with a guaranteed income is joining Gov. Gavin Newsom’s administration as an unpaid special advisor.

Michael Tubbs, the 30-year-old former mayor of Stockton, will be a special advisor for economic mobility and opportunity. He’ll also join the governor’s Council of Economic Advisors.

“I can think of no one more dedicated or better equipped to make recommendations to my team and help lead outreach efforts to increase opportunity and entrepreneurship to reduce poverty in California,” Newsom said in a news release.Raised by a […]

The American Rescue Plan’s Tacit Admission About America

The American Rescue Plan’s Tacit Admission About America

A woman with a child carries a box of food assistance she received from a food bank in Florida at the start of the pandemic. The American Rescue Plan to be signed into law by President Biden this week is projected to reduce the poverty rate by one-third, the Urban Institute estimates. The think tank originally estimated that around 13.7 percent of U.S. households would be in poverty for the year 2021; the new stimulus package would take that rate down to 8.7 percent. It would reduce child poverty by half.

People of color will benefit the most, they added, […]

A Californian experiment in the provision of guaranteed income returns its first results

A Californian experiment in the provision of guaranteed income returns its first results

FOR THE PAST two years, as part of an experiment, 125 residents of Stockton, a small city in California’s Central Valley, have found themselves $500-a-month richer. The money arrived on or around the 15th of every month, timed to coincide with a period that tends to be sparse for people on typical low-income pay cycles. The recipients were selected at random from a longlist of people who signed up for the experiment online. The only criteria was that they should be adults living in neighbourhoods in which the median income was lower than the median in Stockton overall. Since […]