Category: Basic Income

Senator Cortese Introduces Legislation to Provide Universal Basic Income (UBI) to Foster Youth in California

Senator Cortese Introduces Legislation to Provide Universal Basic Income (UBI) to Foster Youth in California

WHAT: Senator Dave Cortese (D-San Jose), is available to discuss a new bill he has introduced, SB 739, the “Universal Basic Income for Transition Age Foster Youth Act”, which would provide direct cash assistance through a statewide universal basic income (UBI) Pilot Program for the approximately 3,000 youth who age out of Extended Foster Care in California each year.

WHEN: Senator Cortese will be available to the Media to answer questions regarding SB 739 today , Monday February 22, 2021 at 11:45am . Register to join through ZOOM at this link:
https://us02web.zoom.us/meeting/register/tZ0of-quqj8rEtE3lJCazqUGCH4ebilBGHvo .
WHO: · Senator Dave Cortese […]

PLSA: Investment pathways cannot be the only roads walked

PLSA: Investment pathways cannot be the only roads walked

The FCA’s new rules go some way to addressing risks to savers but more needs to be done The start of February saw the launch of new FCA rules for investment pathways.

The pathways require that any person who has decided to access their pension via a drawdown product without taking advice is offered four options based on how they plan to use their money over the next five years. These are: they have no plans to access their money; they want to set up a guaranteed income; they plan to start taking their fund as long-term income; or they […]

United Way Worldwide Names Board Member Neeraj Mehta as Interim CEO

United Way Worldwide Names Board Member Neeraj Mehta as Interim CEO

Nonprofit News From Elsewhere

Crime tends to go down in areas hit by natural disasters, while surrounding communities tend to make more donations to charity. Researchers at the Hebrew University of Jerusalem who looked at natural disasters in the United States from 2004 to 2015 said that instead of widespread looting or other lawlessness, disaster-struck communities actually see a slight decrease in crime. They said the increased giving "could be driven by a shared sense of empathy and solidarity that neighboring communities have." The study was published in the journal Natural Hazards. ( Jerusalem Post )

Historically Black colleges […]

Senator Cortese Introduces Legislation to Provide Universal Basic Income to Foster Youth in California

Senator Cortese Introduces Legislation to Provide Universal Basic Income to Foster Youth in California

Senator Dave Cortese (D-San Jose), has introduced, SB 739, the “Universal Basic Income for Transition Age Foster Youth Act”, which would provide direct cash assistance through a statewide universal basic income (UBI) Pilot Program for the approximately 3,000 youth who age out of Extended Foster Care in California each year.

In the year 2019, there were 20,000 children in the Unites States who aged out of foster care without ever finding a permanent placement with families.

A recent University of California, Irvine study displayed that, on average, “children who have been in the U.S. foster care system are at a significantly […]

This chart shows how COVID-19 has impacted wages around the world

This chart shows how COVID-19 has impacted wages around the world

In the years leading up to the pandemic, annual global wage growth was fluctuated between 1.6%–2.2%. Data shows how wages have changed around the world.

In many countries, wages have actually increased.

Many developed countries have been able to offer wage subsidies. Visualizing how COVID-19 impacted global wages In the years leading up to the pandemic, annual global wage growth was fluctuating stably between 1.6%–2.2%. Now, income, working hours, and employment have all been impacted by COVID-19—but for those who have held onto their jobs, how have wages been affected?This interactive chart from the International Labour Organization (ILO) reveals […]

Universal basic income and democracy

Universal basic income and democracy

The protests that we are experiencing in Spain offer the opportunity to understand how much Spanish society has to do and even the possibility of anticipating greater conflicts that are more difficult to resolve. The attempt, on the part of the Prime Minister, to qualify as negatively as possible the violence that appeared in the protests and the attack on democracy does not seem to be enough; Above all because the harshness of the police responses calls into question the government’s action. I do not see almost anyone, or anyone, encouraging violence in the protests.

Surely, the protests will dissolve […]

Has COVID-19 Opened the Door to an Australian Basic Income?

Has COVID-19 Opened the Door to an Australian Basic Income?

Photo by Photoholgic on Unsplash https://bit.ly/2L5gxnU For a brief period when the JobSeeker unemployment benefit was increased to $550 per week and conditionality was relaxed, Australians had access to a type of Basic Income.

The results were impressive. Billions in macroeconomic stimulus and hundreds of thousands of Australians kept out of poverty.

Recent research has documented the impact of the boosted JobSeeker payment on income poverty levels and the lived experience of welfare recipients.Scenario modelling by Phillips, Gray and Biddle (2020) found that individuals receiving ‘Newstart/Youth Allowance are estimated to have experienced the largest reduction in household poverty gaps, from a […]

Unconditional basic income

Gefördert durch die Stiftung Menschenwürde und Kommunikation in der Arbeitswelt sowie unsere Fördermitglieder. Treffpunkt für This person, this seemingly mellow dude, is the person behind the Mein Grundeinkommen (My universal basic income) association. He and his The Functional Principle and Impact of Unconditional Basic Income – BWL / Sonstiges – Seminararbeit 2019 – ebook 14,99 € – GRIN. Titelübersetzung: Unconditional basic income as epoch-making progress in the Arbeitslosigkeit Basic Income Unconditional Basic Income Universal Basic METAPHOR MEANING: Unconditional Basic Income as absurd welfare benefit – hand is giving money / salary to fat lazy man sitting in armchair, watching […]

Op-ed: It’s time to transform our society with a basic income

Op-ed: It’s time to transform our society with a basic income

The more distant someone is from mainstream culture, the more they need money to address their unique needs in their own way MJ_Prototype / iStock / Getty Images Plus

The term basic income , in Canada, has come to mean an income-tested benefit – a guaranteed income close to the poverty line for those with no other income, and a reduced benefit for low-income workers.

Basic income does not replace public services like healthcare and supports for people with disabilities. It streamlines and enhances cash transfers.The benefits of basic income have been documented in multiple studies . Mental and physical health […]

How To Actually Give People Free Money: The Messy Reality

Recently, the Grantcoin Foundation, a U.S. based nonprofit organization, implemented a universal basic income (UBI) program that uses blockchain-based digital currency. U.S. Democratic presidential candidate Andrew Yang discusses his proposal of a universal basic income, and comments on health care and cryptocurrency. He speaks exclusively with Bloomberg’s Joe. Grantcoin is a Universal Basic Income cryptocurrency run on blockchain’s decentralized consensus protocol where, once signed up, you will essentially earn referral bonuses for signing news members generally using your personal or social media networks up to . “It is the intention for it to be used to finance a level […]