Tag: guaranteed income

Y Combinator Hits Bumps along the Way to Testing Universal Basic Income

Y Combinator Hits Bumps along the Way to Testing Universal Basic Income

Y Combinator’s study on guaranteed income continues to hit snags. The program , announced in 2016, hopes to begin in earnest in early to mid-2019 with 3,000 participants, a massive expansion from the 100 families from the original pilot design that underwhelmed in 2017. The participants will be split into two groups. One thousand participants will receive $1,000 per month, no strings attached, while the remaining two thousand participants will receive $50 per month.

University of Michigan’s Survey Research Center is working with Y Combinator to manage the study. The center will recruit and screen potential participants, followed by baseline […]

‘Support for basic income belies divergent policy goals’ has no comments

'Support for basic income belies divergent policy goals' has no comments

Left- and right-leaning thinkers and groups have touted the benefits of basic income. But that doesn’t mean they agree on a policy.

Old ideas for new problems

In 1969 President Richard Nixon, with the help of his chief Urban Affairs Advisor Daniel Patrick Moynihan, sought a creative way to reform welfare. They developed the Family Assistance Plan , which provided an income floor of $1,600 (about $11,000 in today’s dollars) to all poor or unemployed families of four, regardless of working status. While the Nixon administration called the scheme a “negative income tax” a la Milton Friedman rather […]

Employers have big concerns over retirement. Here’s why.

Employers have big concerns over retirement. Here’s why.

More in

Employees aren’t the only ones concerned about their ability to save for retirement — employers are seriously worried, too.

So says new research from TIAA, which found that plan sponsors are very concerned about their employees not being able to pay for healthcare expenses in retirement and outliving their retirement savings.Nearly half of nonprofit and corporate for-profit employers say they are only somewhat confident in their employees’ retirement futures. Meanwhile, “the scary thing is that one in five are not confident at all,” says Tim Walsh, senior managing director, institutional investments at TIAA, quoting from the “2018 TIAA Plan […]

Donna Shalala Isn’t Done Yet

Donna Shalala Isn’t Done Yet

Donna Shalala, a former secretary of Health and Human Services under President Bill Clinton, is running for Congress in Florida. At a time when Democrats are having a splintering, soul-searching debate about the wisdom of replacing longtime leaders like Nancy Pelosi with a new generation, Donna Shalala’s campaign for an open House seat in the Miami area is as much about the Democratic Party’s future as it is about its past.

Ms. Shalala, 77, was the secretary of Health and Human Services under President Bill Clinton. That was the heyday of the “New Democrat” — a nearly extinct political species […]

Universal basic income stockton california

Universal basic income stockton california

2018 Clark Howard Inc. if they ever institute the popular vote, it will be the liberal loonies in California 19. What is Universal Basic Income? Universal Basic Income (UBI) is the idea 16. 2018 · I thought this would be interesting. 2017 · Stockton to launch universal basic income Stockton is on track to become the first U. Photograph: Justin Sullivan/Getty ImagesThe city of Stockton, California, is experimenting with universal basic income. That was 6 years ago. S. 06. 07. 10. city to test it out. Amidst rising housing costs and wage stagnation, two years out from recovering from […]

Basic income data

Basic income data

com/basic-income/inequality-and-the-basic-incomeFunded through income taxation, basic income would function as a form of income redistribution, directly reducing extreme levels of inequality to levels considered more ideal. com/TROUchannel The Rest …Over 1. clothing, personal care items, etc. For example, you may want to compare the average household income of County 1 to County 2. Its proponents claim that it has economic and cultural benefits, but they ignore the horrific consequences of paying people to not produce anything. S. “Life in the Capital Region: Income; Basic Needs; Data Sources; Additional Resources; Contact Us; Upcoming Events; Welcome to …OECD. […]

It’s a mistake to cancel basic income—programs like it helped me become a doctor

It’s a mistake to cancel basic income—programs like it helped me become a doctor

The Ontario government of Premier Doug Ford recently announced the cancellation of the basic income trial in Ontario. Since mid-2017, the program has been providing people living on low income with up to $16,989 per year (up to $24,027 for a couple), and an additional $6,000 if they live with disabilities. (Those who are employed could still be supported with up to 50 cents for every dollar earned.) Although hesitant at first , 4,000 people from Hamilton, Thunder Bay, and Lindsay enrolled to receive the monthly payments.

This was the first and largest North American trial of basic income […]

Should the Government start giving us all free money?

Should the Government start giving us all free money?

Imagine that every week, an extra £100 appeared in your bank account.

What do you do? Kick back knowing you don’t have to work so hard, or pay off debt, go back to study, start a new business? How would a little regular income with no strings attached change your life?

This is universal basic income, and it has seized the imagination of such strange bedfellows as the shadow Chancellor, John McDonnell, and Tesla’s boss, Elon Musk. The gist is this: a fixed sum automatically arrives in your bank account. It is tax-free and not means-tested and how much is given […]

MPP Michael Gravelle fights to bring back basic income pilot project in Thunder Bay, Ont.

MPP Michael Gravelle fights to bring back basic income pilot project in Thunder Bay, Ont.

MPP Gravelle said he’s collected testimonials from those directly and indirectly affected by the abrupt and early cancellation of the basic income pilot project and plans to show them to Minister MacLeod to reverse the decision. (Matt Prokopchuk / CBC) Thunder Bay- Superior North MPP Michael Gravelle says he’s hopeful that the province’s basic income pilot project can still be saved.

Gravelle said he made a Facebook post earlier this month asking for feedback from residents who have been "directly or indirectly affected" by the abrupt and early cancellation of the research project on August 1.

​"This has been a disastrous […]

Answering your questions regarding the Stockton SEED project

Answering your questions regarding the Stockton SEED project

Since the announcement yesterday regarding Mayor Michael Tubbs’ Stockton Economic Empowerment Demonstration Project, there have been several viewer questions.

First, here is the project in a nutshell:

The project is also known as Guaranteed Income or Universal Basic Income (UBI). According to the SEED website, it is a "system of widely distributed, regular, unconditional cash stipends."1,000 mailers or "invitations" will be sent out in November to addresses where the median household is $46,033 or less. 100 people will be selected to receive $500 a month for 18 months. The mailers will be sent out randomly and people will be selected randomly […]