Quantcast
Channel: disinformation » Income
Viewing all articles
Browse latest Browse all 7

Universal Basic Income: one thing the libertarian right and progressive left can agree on

0
0

Money
I came across this article on the subreddit, Futurology.

Ben Schiller via FastCoexist:

What if the government simply paid everyone enough so that no one was poor? It’s an insane idea that’s gaining an unlikely alliance of supporters.

There’s a simple way to end poverty: the government just gives everyone enough money, so nobody is poor. No ifs, buts, conditions, or tests. Everyone gets the minimum they need to survive, even if they already have plenty.

This, in essence, is “universal minimum income” or “guaranteed basic income”—where, instead of multiple income assistance programs, we have just one: a single payment to all citizens, regardless of background, gender, or race. It’s a policy idea that sounds crazy at first, but actually begins to make sense when you consider some recent trends.

The first is that work isn’t what it used to be. Many people now struggle through a 50-hour week and still don’t have enough to live on. There are many reasons for this—including the heartlessness of employers and the weakness of unions—but it’s a fact. Work no longer pays. The wages of most American workers have stagnated or declined since the 1970s. About 25% of workers (including 40% of those in restaurants and food service) now need public assistance to top up what they earn.

Continue reading.

The post Universal Basic Income: one thing the libertarian right and progressive left can agree on appeared first on disinformation.


Viewing all articles
Browse latest Browse all 7

Latest Images

Trending Articles





Latest Images