Craig Kielburger: I was a basic income skeptic until COVID-19 hit

Craig Kielburger: I was a basic income skeptic until COVID-19 hit

Craig Kielburger says employment insurance was designed in another era for nine-to-five workers who are laid off Nearly half of working Canadians are now unemployed or underemployed due to COVID-19 .

For the self-employed in Canada’s gig economy, government relief programs with rigid barriers are forcing some tough choices. A childcare provider in Arnprior, Ont., agonized over reopening her shuttered home business to take in children of emergency workers on the frontline at the risk of exposing her family to the virus. In just three days, a Toronto makeup artist saw clients cancel appointments for the rest of the year […]

Government giving away trillions and nobody’s asking ‘How are we going to pay for it?’

Apr 13, 2020 at 8:56 PM

massive government involvement and intervention in the economy

Whenever anyone proposes a policy that would benefit ordinary Americans, we are met with the repetitive chorus of “How are we going to pay for it?”Medicare for All? Green New Deal? Universal housing? Universal childcare and preschool? Universal food? Tuition-free higher education? Student and medical debt cancellation? A jobs guarantee? A living wage? Paid parental leave? Paid sick leave? Expanded Social Security? Universal Basic Income? High-speed rail? Free public transportation? National free wi-fi?“How are we going to pay for it?” It is often asserted more as […]

Universal Basic Income Canada – Serious : canada

Universal Basic Income Canada – Serious UNIVERSAL BASIC INCOME CANADA 18+ Population: (Est.) Monthly Universal Basic Income: $1000 (Taxable) Consolidated Annual Fed., Prov., Local Gov’t Revenue: $600 Billion (Est StatsCan) Cost of Annual Basic Income: $324 Billion. https://www.reddit.com/r/canada/comments/49rhdw/universal_basic_income_canada_serious/ Is universal basic income an effective social policy? A debate on the feasibility and effectiveness of universal basic income in Canada was hosted by SFU. By. Albert Kho – March 22, 2018. This year’s “Brave New Work” summit, run by SFU’s Public Square https://the-peak.ca/2018/03/is-universal-basic-income-an-effective-social-policy/ A universal basic income (UBI) is an unconditional cash payment given at regular intervals by the government […]

Dear President Ramaphosa – please urgently consider a Covid-19 special grant for the poor

Dear President Ramaphosa – please urgently consider a Covid-19 special grant for the poor

Siqalo Informal Settlement during service delivery protests on May 02, 2018 in Mitchells Plain, South Africa. Siqalo residents took their anger over poor service delivery to the streets in violent protests that affected hundreds of commuters from Mitchells Plain and surrounding areas, the demonstrations erupted late last night, an ATM at a filling station, along with a shop and vehicle came under attack. (Photo by Gallo Images/ Netwerk24 / Jaco Marais) This is an open statement to President Cyril Ramaphosa and the Cabinet of South Africa from the members of the Concerned Africans Forum. Our names can be found […]

Robert Reich: Billionaires’ Donations to Fight Coronavirus Are Largely Self-Serving | Opinion

Robert Reich: Billionaires' Donations to Fight Coronavirus Are Largely Self-Serving | Opinion

As millions of jobless Americans line up for food and others risk their lives delivering essential services, the nation’s billionaires are making conspicuous donations—$100 million from Amazon’s Jeff Bezos for food banks, billions from Microsoft co-founder Bill Gates for a coronavirus vaccine, thousands of ventilators and N95 masks from Elon Musk, $25 million from the Walton family and its Walmart foundation. The list goes on.

I don’t mean to be uncharitable, but much of this is self-serving rubbish.

First off, the amounts involved are tiny relative to the fortunes behind them. Bezos’ $100 million amounts to about 11 days of his […]

WOMEN’S NETWORK: Coronavirus financial crisis is nothing new for many

WOMEN'S NETWORK: Coronavirus financial crisis is nothing new for many

Letters to the Editor – 123RF Stock Photo Jillian Killfoil
Guest opinion Jillian Kilfoil, executive director of Women’s Network P.E.I. The P.E.I. Working Group for a Livable Income highlights the fact that the novel coronavirus (COVID-19) is making visible the gaps in our current systems.

There is across-the-board anxiety about how people will survive the economic crisis. For some groups and individuals, this means feeling this fear and risk for the first time. For many others, however, there is nothing “novel” about the vulnerability associated with the current pandemic. Fear and insecurity are part of daily life for some, regardless […]

Does Catholic social teaching support a universal basic income?

Does Catholic social teaching support a universal basic income?

What would you do with an extra $1,000 a month?

Lorrine Paradela, a participant in a basic income experiment in Stockton, California, was able to fix her car after an accident, protecting her ability to get to work and visit family. Freed of the need for a second job, she started attending more of her son’s football games. Some of us might build a savings account, support local causes, or finally take a vacation. Money like this would help others dream even bigger—to move into our own place, start a business or a family, retire, or earn a degree.

This is […]

The Economic Benefits Of A Global Ceasefire

The Economic Benefits Of A Global Ceasefire

There doesn’t seem to be any dispute with the findings of various studies , that investing public dollars in most other things (education, green energy, infrastructure, healthcare, etc.), or not taxing the money from working people in the first place, produces more jobs than military spending.

In a generally wonderful new book by Clifford Conner called The Tragedy of American Science , the author claims that if a government produces more jobs through non-military spending, private capital will produce fewer jobs, more than eliminating the benefit. Only military spending, he claims, produces jobs nobody else would produce, because military spending […]

Pope Francis says it might be ‘time to consider a universal basic wage’ in Easter letter

Pope Francis says it might be 'time to consider a universal basic wage' in Easter letter

Pope Francis suggests countries should consider a universal basic wage to help combat the economic disruption caused by COVID-19.

Over a dozen countries including Spain are already experimenting with temporary or permanent solutions.

The Pope cites street vendors and small farmers as among those who may slip through the cracks of other labor protection measures. Pope Francis suggested that it might be time for countries to consider a universal basic wage to help ameliorate the worldwide economic disruption to workers caused by the ongoing COVID-19 outbreak in an Easter letter to leaders of prominent social movements. The Pope, who […]

Banks loosen purse strings as coronavirus hits their home turf

Banks loosen purse strings as coronavirus hits their home turf

​The 1976 film "All the President’s Men" told aspiring journalists to follow the money. But in looking at last week’s surge of coronavirus-inspired philanthropy in the banking and payments space, one could argue the money is following the outbreak: Wherever the virus is hitting hardest, companies are throwing money at potential solutions.

Last month, when Spain’s rapidly growing coronavirus caseload made it a hot spot , Santander Chairman Ana Botín and CEO José Antonio Alvarez contributed half of their salary and bonus for the year to a €25 million fund the bank created to buy medical equipment.

The focus shifted last […]