Tag: basic income

What are the pros and cons of universal basic income in Canada?

What are the pros and cons of universal basic income in Canada?

While the concept of UBI sounds beneficial, there are a number of concerns: economist

Implementing a universal basic income program in Canada would take a number of years and many considerations, economist Mike Moffatt said. – Pixabay photo Last week, at the Liberal party policy convention, a majority of members endorsed a resolution to introduce a universal basic income model to Canada.

At the convention, Alex Spears, of Young Liberals of Canada, spoke on the resolution, saying a universal basic income (UBI) is "completely consistent" with Liberal values, which include "making sure that no one is left behind" and having […]

The radical potential of guaranteed income based on race

The radical potential of guaranteed income based on race

Don’t close South/Southeast Asia Library Toward a Berkeley where all residents feel safe UC must cease its role in Berkeley’s gentrification Long debated as a potential solution to poverty, basic income has gained renewed attention amid the COVID-19 recession.

Last month, Oakland announced the launch of a guaranteed basic income, or GBI, pilot program that will provide low-income households with monthly payments, no strings attached. Unlike other basic income experiments, Oakland’s GBI, which is funded by private donors, was intended exclusively for residents who are Black, Indigenous or people of color.

Since its announcement, the program has been subject to much […]

What are the pros and cons of universal basic income in Canada?

What are the pros and cons of universal basic income in Canada?

While the concept of UBI sounds beneficial, there are a number of concerns: economist

Last week, at the Liberal party policy convention, a majority of members endorsed a resolution to introduce a universal basic income model to Canada.

At the convention, Alex Spears, of Young Liberals of Canada, spoke on the resolution, saying a universal basic income (UBI) is "completely consistent" with Liberal values, which include "making sure that no one is left behind" and having a "strong and robust social safety net.""In addition to this, there are several key economic benefits that it would provide, including providing just a […]

Hoosiers Hopeful After IRS Announces Monthly Child Tax Credit Payments Start July

Hoosiers Hopeful After IRS Announces Monthly Child Tax Credit Payments Start July

Eliza Carey (left) sits with her children. "This (expansion with monthly payments) is gonna make a big difference for a lot of families," she said. (Alex Paul, WTIU/WFIU News) Life seems to be inching closer to normal every day. The weather’s getting warmer, businesses are hiring and more people are getting vaccinated.

But in the Carey household on Bloomington’s south side, things remain far from normal.

“Hopefully, I’ll be able to go (to work) full time soon,” says Eliza Carey from her couch. Her two-year-old daughter Makayla clings to her lap while six-year-old Raelynne sits nearby. The three older kids are […]

Is it time to look at a universal basic income for everyone in Scotland?

Imagine at the end of every month, you got a few hundred quid in your bank account just for being alive.

Does that sound mad? Yes, it does. But that is no measure of whether it is possible or not. Bear firmly in mind that not too far back in our social history, the notion of women being allowed to vote sounded bonkers. As did the idea of a welfare state and a national health service.

Universal Basic Income (UBI) is a game-changing idea in that same mould and, if done correctly, it would profoundly alter the way we […]

Is it time to look at a universal basic income for everyone in Scotland?

Is it time to look at a universal basic income for everyone in Scotland?

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Imagine at the end of every month, you got a few hundred quid in your bank account just for being alive.Does that sound mad? Yes, it does. But that is no measure of whether it is possible or not. Bear firmly in mind that not too […]

Welfare programmes and the developing world conundrum

The Third Industrial Revolution, birthed by global capitalism, brought with it new technologies and the promise of real change. Yet it has failed to deliver on several fronts, such as curbing climate change, the depletion of natural resources and poverty.

Much lip service has been paid to tackling these issues and many social programmes have been instituted towards this end. Yet despite all this, poverty is on the rise, globally, including in affluent western countries. Thus, the gap between rich and poor is widening at rapid pace. Nowhere is this more pronounced than in the developing world.

To address such disparities, […]

Andrew Yang Hasn’t Done the Math

Andrew Yang Hasn’t Done the Math

Will Andrew Yang, the current front-runner, become New York City’s next mayor? If he wins, would he be any good at the job? I have no idea, although I’m skeptical about the latter.

My guess is that the mayoral office needs an effective political brawler, not an intellectual, and Yang, who has never held office, owes his prominence largely to his reputation as a thought leader, someone with big ideas about economics and policy.

What I do know is that Yang’s big ideas are demonstrably wrong. Shouldn’t that be cause for concern?Yang’s claim to fame is his argument that we’re facing […]

Cambridge to provide guaranteed income of $500 a month to more than 100 residents

Cambridge to provide guaranteed income of $500 a month to more than 100 residents

As the debate over the idea of universal basic income continues across the country, the city of Cambridge is set to launch a program providing $500 a month to more than 100 residents.

The city’s Guaranteed Income Pilot Initiative will administer the recurring payments to 120 of the community’s most vulnerable residents for more than 18 months, WHDH reported. The checks will go out to single caretaker households with children under the age of 18.

The pilot program will look at the guaranteed income program’s long-term impact on local and national economic policy as well.Calls for providing people with a guaranteed […]

Guildford council calls for a basic income for everyone regardless of their employment status

Guildford council calls for a basic income for everyone regardless of their employment status

A Finnish trial gave recipients nearly £500 a month Guildford Borough Council is calling for the Government to trial a Universal Basic Income (UBI) in the borough.

A UBI would provide a regular cash income to every resident without means testing, so regardless of their employment status or whatever other resources they may have.

The concept has attracted renewed interest as a way to reduce poverty in the wake of mass job losses caused by Covid-19.Liberal Democrat councillor Steven Lee, who represents Merrow , quoted Bob Dylan’s The Times They Are A Changing to convince Guildford councillors on Tuesday (April 13) […]