Category: Basic Income

Image: SABC NewsMagashule says the governing party wants to know how the public feels about the possible introduction of a permanent income grant. The African National Congress (ANC) says it has requested Parliament’s Economic Portfolio Committee to look at the feasibility of introducing a basic income grant.

Calls have been mounting for the current temporary R350 social relief grant to be made permanent.

Briefing the media at Luthuli House in Johannesburg on the outcomes of the party’s National Executive Council meeting at the weekend, ANC Secretary-General Ace Magashule said they were looking at public input.“To allow our structure and the society […]

Full Post at www.sabcnews.com

Neale Hanvey. ‘IT is a simple fact that had the UK Government heeded calls for an emergency Universal Basic Income in response to Covid-19, many of the potentially devastating challenges people now face could have been avoided.

Instead of this straight-forward approach, the Tory Government delivered a mishmash of schemes hastily cobbled together. And although it was repeatedly pointed out that some people would fall through the gaps, the Tories were content to leave many with little to no support.

Since lockdown began, my office has seen a 350 percent surge in new cases. In the last four weeks, 31 percent […]

Full Post at www.centralfifetimes.com

Yesterday, I recorded a Q&A podcast with Greg Mankiw — N. Gregory Mankiw — the famed economist. The name is of Ukrainian origin. It rhymes with “Thank you.”

Mankiw is a professor at Harvard, granted tenure while still in his twenties. (In fact, the announcement came on his 29th birthday.) He is the author of two popular textbooks, one of which, Principles of Economics , has sold more than 2 million copies and been translated into 20 languages.

For two years, Mankiw was the chairman of the President’s Council of Economic Advisers under George W. Bush.In our podcast, I ask him […]

Full Post at www.nationalreview.com

SNP Westminster leader Ian Blackford appearing remotely at Prime Minister’s Questions THE UK Government has been told to freeze its re-introduction of benefits sanctions amid calls for a universal basic income scheme to help support self-employed workers.

Boris Johnson told MPs at Prime Minister’s Questions that the UK Government has considered the introduction of a universal basic income to help support people through the Covid-19 crisis but stressed that getting people back into work was the strategy.

A universal basic income would see all citizens receive an allowance with the principle backed by the Scottish Government. But Nicola Sturgeon would need […]

Full Post at www.heraldscotland.com

It’s only fair to share…

If the president cuts off the six-hundred a week federal unemployment he will lose the election without a doubt. Over forty-five million people have filed for unemployment claims and over thirty-million are currently getting benefits. With a spike in the virus, more jobs will be lost and more small businesses will crumble.

This is a lifeline that is propping up ten of millions of people and keeping them from being homeless. A failure to extend these benefits through the end of the year would be catastrophic to Trump’s reelection hopes. If you think we have too […]

Full Post at americaspeaksink.com

Representative image. No nation is free from the clutches of poverty, it is a global malady and no matter our efforts to prevent its vicious cycle, we always seem to fall short, either of political will or of consciousness. Poverty is simply the highest form of economic inequality. Income inequality in the world has been on the rise from the early 19th century, and since the 1980s, it has only risen faster and at an increasing rate. India alone faces a large part of this challenge, with an overflowing population of 1.3 billion, and the number of poor has […]

Full Post at www.deccanherald.com

The newly formed Government of the 33rd Dáil has committed to trialling Basic Income (BI) in Ireland over the next five years. The announcement was made in the Programme for Government (PfG) agreed between Fine Gael, Fianna Fáil and the Green Party. The document details a long list of actions that the next government aims to implement, with this commitment on BI being included under ‘Anti-poverty and Social Inclusion Measures’ on p.86: [We will] request the Low Pay Commission to examine Universal Basic Income, informed by a review of previous international pilots, and resulting in a universal basic income […]

Full Post at basicincome.org