Category: Basic Income

Pandemic offers a chance to rebalance the world of work

Pandemic offers a chance to rebalance the world of work

Migrant workers and their families return to their villages, during a nationwide lockdown to limit the spread of COVID-19, New Delhi, India, March 26, 2020. (Reuters) The International Labour Organization (ILO) will this week convene a global summit — a virtual one, of course — on the impact of the coronavirus pandemic on the world of work. Four months or so since the pandemic sent the world into a tailspin, such a discussion seems timely and even urgent. The virus has now claimed more than half a million lives worldwide. However, much greater than the number of people who […]

Newsom warns ‘restrictive’ orders may return

Newsom warns ‘restrictive’ orders may return

Good morning, California. It’s Tuesday, June 30. Are we going back to square one?

Newsom visits the Queen Sheba Ethiopian Cuisine restaurant in Sacramento on June 19. Photo by Rich Pedroncelli, AP Photo/Pool With California’s coronavirus trendlines heading in the wrong direction, “more restrictive” orders could soon be necessary, Gov. Gavin Newsom said Monday .

He rattled off a list of statistics: Over the last two weeks, the state’s rate of positive cases went from 4.4% to 5.5%. Hospitalizations shot up by roughly 43%. Intensive care admissions increased by 37%.And 19 counties — representing 72% of California’s population — are […]

Maezawa Method Basic Income Social Experiment Yields Lower Divorce Rates, Increases in Business Startups, and Happier People with 1-million-yen in Early Participant Study

Maezawa Method Basic Income Social Experiment Yields Lower Divorce Rates, Increases in Business Startups, and Happier People with 1-million-yen in Early Participant Study

TOKYO, June 30, 2020 /PRNewswire/ — The Maezawa Otoshidama ("1 Million Giveaway") Management Secretariat today released initial survey results for the research study entitled the "Basic Income Social Experiment Survey." Initial survey results include: (PRNewsfoto/Maezawa Basic Income Social Exp) (PRNewsfoto/Maezawa Basic Income Social Exp) In the preliminary survey, only 48% of respondents knew what Basic Income is. After the commencement of the experiment, 91% answered they are aware of what Basic Income is.

90% of respondents believe a cash benefit is necessary during the coronavirus pandemic.

85% of respondents had given up on challenges due to lack […]

Elon Musk tweeted his support for a universal basic income after a majority-Black coalition of mayors pledge similar schemes in 11 US cities

Elon Musk tweeted his support for a universal basic income after a majority-Black coalition of mayors pledge similar schemes in 11 US cities

Elon Musk reiterated his support for universal basic income (UBI) on Monday in response to a tweet from Martin Luther King’s daughter Bernice.

Bernice King tweeted about her father’s advocacy of guaranteed income, which has been backed by 11 US mayors in a new coalition .

Guaranteed income, the mayors explain, differs from UBI in that it is intended only for those who need it most. The mayors aim to work towards launching guaranteed income schemes in their cities as a measure to address racial and economic inequality. Elon Musk posted in support after a majority-Black coalition of […]

Kishineff: Members of Congress need to get the people some help

Today is the last day of the month. It has been three months since Congress passed the bill that gave many of $1,200 while leaving others out.

There has been nothing to help with rents and mortgages or to help landlords, which means a huge housing crash when the economy opens up and 25 percent of us get eviction notices.

The people who have lost their jobs need Medicare For All and a $2,000 universal basic income for all the months of the lockdown.But instead of sending a bill with those things to the Senate for a vote, Speaker Pelosi wrote […]

How to build a better Canada after COVID-19: Transform CERB into a basic annual income program

How to build a better Canada after COVID-19: Transform CERB into a basic annual income program

How to build a better Canada after COVID-19: Transform CERB into a basic annual income program

This story is part of a series that proposes solutions to the many issues exposed during the coronavirus pandemic and what government and citizens can do to make Canada a better place.

COVID-19 has prompted the federal government to support individuals through the Canada Economic Emergency Benefit (CERB). Simultaneously, advocacy for a basic annual income has exploded, with some suggesting the CERB could evolve into a basic income.Basic income has become the Swiss Army knife of social policy. Beyond offering sufficient income […]

Free Money: Want a Check Similar to the PFD Every month?

Free Money: Want a Check Similar to the PFD Every month?

Milton Friedman Who wouldn’t want a nice, big, fat check similar to a PFD payment every month with no obligations? Sound farfetched? Not as much as you might think. And by the way, I am not experimenting with drugs in my garage. This idea is about as mainstream as you can get – nationally and internationally. It goes by various names such as “guaranteed minimum income,” “basic income,” even “negative income tax,” but the concept is the same.

And before you blame Europeans and Communists for the wacky and subversive idea of giving away free money, the idea has American […]

Worried About Outliving Your Savings? Longevity Annuities May Help

Worried About Outliving Your Savings? Longevity Annuities May Help

A shiny metal alarm clock surrounded by bundles of U.S. cash One of the biggest risks in retirement is outliving your savings. You can save carefully through the years, but there’s a big unknown when you start to withdraw the money: You don’t know how long your savings need to last because you don’t know how long you’ll live .

An income annuity can guarantee that you’ll receive a check every month for the rest of your life. It can help supplement other sources of guaranteed income, such as Social Security, and can be especially valuable if you don’t have […]

L.A., Compton to Explore Guaranteed Income Programs

L.A., Compton to Explore Guaranteed Income Programs

Stockton Mayor Michael Tubbs at a TED talk. Image: Mayors in cities including Los Angeles and Compton are working on Universal Guaranteed Income pilot programs. These programs would provide regular cash payments to people in those cities, which recipients could then spend on whatever needs they have.

Mayors for a Guaranteed Income (MGI) is a coalition founded by Stockton Mayor Michael Tubbs. Currently on board are L.A. Mayor Eric Garcetti, Compton Mayor Aja Brown, Atlanta Mayor Keisha Lance Bottoms, Oakland Mayor Libby Schaaf, St. Paul Mayor Melvin Carter, and several others .

“We are living in uncertain times with even greater […]

Do you really want to vote for ‘Typhoid Mary’ Trump or disappointing Joe Biden? There’s another way

Do you really want to vote for 'Typhoid Mary' Trump or disappointing Joe Biden? There's another way

The Covid-19 pandemic shows that the two governing parties of the United States are presiding over a failed state. With 4 per cent of the world’s population, the US has 25 percent of coronavirus deaths. The US is on pace to have a quarter of a million Covid-19 deaths by the end of this year.

Trump is a loser. He’s given up. Coronavirus won. Now, like a modern Typhoid Mary, he is infecting his own supporters at his super-spreader rallies. Even his supporters now see this emperor has no clothes. He’s down double digits in the polls.

But where is Joe […]