Tag: basic income

Over Half of Americans Need $1,400 Stimulus to Pay Basic Expenses

©Shutterstock.com / Shutterstock.com As progressive Democrats in Congress begin their campaign for a fourth round of stimulus payments , Americans say they are dependent on the third, $1,400 stimulus to feel secure about their financial situation and make ends meet. The data comes from a recent survey by fintech banking developer MX Technologies.

See: Biden’s Stimulus Gave Schools Billions to Re-Open Safely – Why Are So Many Still Closed?
Find: 30 Million Seniors Haven’t Received Their Stimulus Check, According to Lawmakers One-Quarter Are Insecure About Financial Situation, While Half Plan on Spending Stimulus
The survey asked over 1,000 […]

Is the the idea of universal guaranteed income and housing for every adult citizen something that could work? Is it true or not that it would create millions of lazy people unwilling to work as long as somebody else is paying for it?

At what point would it start? 18? 21, 25? What about $20/wk until 12, then $50/wk until 14. Then $100/wk until 16 and 200/wk at 16, then $400/wk at 18 and continue. It would teach people how to handle money (that money going direct to people, not to whoever claims them), would grow the economy, help people that are in college. Of course, once you have income of $40k; your share would start decreasing at half the amount until unaided.

How to pay for it? First, tax imports when they come in and tax people for having things manufactured overseas. […]

Over Half of Americans Need $1,400 Stimulus to Pay Basic Expenses

Over Half of Americans Need $1,400 Stimulus to Pay Basic Expenses

©Shutterstock.com As progressive Democrats in Congress begin their campaign for a fourth round of stimulus payments , Americans say they are dependent on the third, $1,400 stimulus to feel secure about their financial situation and make ends meet. The data comes from a recent survey by fintech banking developer MX Technologies.

See: Biden’s Stimulus Gave Schools Billions to Re-Open Safely – Why Are So Many Still Closed?
Find: 30 Million Seniors Haven’t Received Their Stimulus Check, According to Lawmakers One-Quarter Are Insecure About Financial Situation, While Half Plan on Spending Stimulus
The survey asked over 1,000 Americans with […]

Universal Basic Income: Has COVID-19 finally brought a consensus?

he devastating impacts of COVID-19 have been felt by governments, businesses, households and individuals worldwide. Witnessing the contractions in economic growth and productivity across the world, economic intervention by governments was quickly acknowledged to be essential and inevitable. As businesses received stimulus packages to keep the economy afloat, vulnerable citizens were offered relief packages of varying sizes and time periods. Decades of debate about the feasibility and effectiveness of unconditional (non-contribution based) cash transfers were brought to a temporary standstill as a global concession was forced by the unprecedented financial hardship brought on by the pandemic.

The implementation of social […]

New Leaf Project study shows one-time direct cash transfers positively impact the homeless

New Leaf Project study shows one-time direct cash transfers positively impact the homeless

Thousands of people experience homelessness in Northeast Ohio every year. But what if these people were given money? Money that they could use to dig their way out of poverty and turn a new leaf?

When poverty and homelessness beat reporter for The Tremonster Jeneane Vanderhoff (who is currently experiencing homelessness along with her husband, Adam) was considering reporting on any existing solution that might help alleviate the problem of homelessness in Northeast Ohio, she seeing an interesting study. “I read a study—I think it was Canada—they just recently gave homeless people $7,500 and saw how the people spent it," […]

Silicon Valley leaders think A.I. will one day fund free cash handouts. But experts aren’t convinced

Silicon Valley leaders think A.I. will one day fund free cash handouts. But experts aren’t convinced

In this article

Sam Altman, president of Y Combinator

Patrick T. Fallon | Bloomberg | Bloomberg | Getty ImagesArtificial intelligence companies could become so powerful and so wealthy that they’re able to provide a universal basic income to every man, woman and child on Earth.That’s how some in the AI community have interpreted a lengthy blog post from Sam Altman, the CEO of research lab OpenAI, that was published earlier this month.In as little as 10 years, AI could generate enough wealth to pay every adult in the U.S. $13,500 a year, Altman said in his 2,933 […]

Universal Basic Income Is A Great Idea––Look At Stockton, California

Universal Basic Income Is A Great Idea––Look At Stockton, California

Scary Mommy and Chinga_11/Getty Many of us have received our most recent round of COVID relief checks. What you do with your money is your business, but if you are someone who doesn’t think government handouts are a good idea, I am happy to suggest places and people who could benefit from your complaints. For those of us who have children, this relief package includes a taste of basic universal income that has been tested in other countries and is being suggested by the Biden administration. Starting in July and going through December, parents of children under the age […]

Brazilians thrown back into poverty as COVID aid dries up

Brazilians thrown back into poverty as COVID aid dries up

Millions of Brazilians were briefly lifted out of poverty only to be tossed back again as coronavirus pandemic relief aid expired [File: Silvia Izquierdo/AP Photo] Tatiana Araujo de Sirqueira, a 33-year-old single mother of six, and Brazilian President Jair Bolsonaro are almost neighbours, but they inhabit different universes.

Sirqueira lives by a landfill less than a mile from the Planalto presidential palace in Brasilia, along with 36 other families, and scrapes together cash by recycling trash.

She is one of Brazil’s 40 million or so “invisibles”, a term coined by Economy Minister Paulo Guedes for those without formal employment who have […]

Rush Reads the Stitches on the Fastball — Yellen Pushes Socialism Disguised as “Stimulus”

Rush Reads the Stitches on the Fastball — Yellen Pushes Socialism Disguised as “Stimulus”

TODD: We ask our friends, “At what point are we broke?” We’re nearing a point where 98% of our GDP will be in debt, and what that means is 98% of our income will be in debt — and at that point, there is no digging out. And the Democrats are brilliant at structuring heads-they-win, tails-we-lose situations.

This can only be interrupted by absolute truth telling from Republicans as Biden’s dementia by way of Obama’s teleprompter is seeking another $1.9 trillion package that was gonna come with neat things, like tracking you wherever you drive by way of this per-mile-driven […]

Organizer of 19th Annual NABIG Congress 2021 (June 17-19, 2021)

Organizer of 19th Annual NABIG Congress 2021 (June 17-19, 2021)

About this Event

The 19th Annual North American Basic Income Guarantee Congress will be held virtually June 17-19, 2021. The theme is Basic Income: Knowledge, Activism, Policy .

We are bringing together researchers, activists, artists, and policy makers to focus our collective expertise, experiences, and energies, to move the vision of a universal guaranteed basic income forward. Now more than ever, we see the need to connect what we have learned and continue to learn from empirical evidence and other research to those who are on the ground advocating and organizing movements, and those in our countries’ capitols setting […]