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Keyword: minimumwage

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  • Finns, Americans and the Income Guarantee

    12/20/2015 6:37:27 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | December 20, 2015 | Paul Jacob
    Some folks think the world owes them a living. Must we appease them? Should government hand every man, woman and child a check each month to make sure we're all taken care of? Finland is looking at this basic idea, which Finns dub an "unconditional basic income" (UBI). One proposal suggests providing every Finn 800-Euros a month without regard to income, or lack thereof. Polling shows the basic idea is quite popular, with 69 percent of Finns endorsing a slightly more generous proposal. It sounds like Democrat George McGovern's "guaranteed annual income," which was mocked and ridiculed during the 1972...
  • Finland’s residents may be given a monthly income of $868 – for doing nothing

    12/07/2015 12:19:17 PM PST · by markomalley · 56 replies
    Fox News ^ | 12-7-15
    Finland's citizens could soon receive tax-free payouts of roughly $868 a month - just for living in the country. Proposals being drawn up by the Finnish Social Insurance Institution call for a national basic income that would replace other benefit payments, regardless if the recipient is working or not, The Telegraph reports. It's not clear how Finland would shore up enough cash to make the payouts each year, according to Bloomberg. Still, government officials say they're trying to encourage more people to return to work. More than 10 percent of Finland's workforce is unemployed, with figures soaring to 22.7 percent...
  • Finland is considering giving every citizen $1000 a month

    12/06/2015 12:35:23 PM PST · by bigdaddy45 · 94 replies
    Authorities in Finland are considering giving every citizen a tax-free payout of €800 (£576) each month. Under proposals being draw up by the Finnish Social Insurance Institution (Kela), this national basic income would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income. Unemployment in Finland is currently at record levels, and the basic income is intended to encourage more people back to work. At present, many unemployed people would be worse off if they took on low-paid temporary jobs due to loss of welfare payments.
  • Tired of capitalism? There could be a better way.

    10/01/2015 2:51:34 PM PDT · by dynachrome · 76 replies
    Washington Post ^ | 9-30-15 | Matt Bruenig
    "Matt Bruenig is researcher of poverty and welfare systems at the think tank Demos." By now, it is well established that capitalism is fundamentally built upon threats of force. As libertarian philosophers Robert Nozick and Matt Zwolinski have explained, the only way to turn unowned natural resources (such as land, minerals and other goods) into privately owned property is by violently preventing all others from using them. This one-sided exclusion destroys freedom of movement and cuts many people off from the things that they need to survive.
  • Robots will take many of our jobs – and that's good

    07/20/2015 4:57:12 AM PDT · by SeekAndFind · 59 replies
    OC Register ^ | 07/20/2015 | By PER L. BYLUND
    New technologies fascinate us – from the precision of robotic surgery to the potential of Amazon dropping packages on our doorsteps via drone. But at the same time, there is anxiety over robots and artificial intelligence making human labor unnecessary and, ultimately, replacing us. Fear of the changes innovation brings is nothing new, and the reality is that robots will eventually replace us in many or most of today’s jobs and that’s, in fact, a glorious thing. Yes, jobs will be destroyed by innovation, as they’ve always been, but it doesn’t mean we’ll run out of jobs. New ones will...
  • Why bother with a $15 minimum wage? [ad absurdum]

    03/13/2015 11:11:27 AM PDT · by Jim Robinson · 59 replies
    Jim Robinson
    Let's just get it over with and go for a guaranteed income for all. If you work and earn less than the guaranteed income, the government will pay you the difference. If you don't work, the government will pay you the guaranteed amount anyway. After all, a living wage is a human right. As is healthcare. The government should provide it. As is housing. Food. Clothing. Cell phones. Internet. Transportation. Vacations. But we must all pay our fair share. Those earning less than the guaranteed income will receive a check from the IRS. Those earning more than the guarantee up...
  • Why the Tech Elite Is Getting Behind Universal Basic Income

    01/06/2015 8:25:57 PM PST · by 2ndDivisionVet · 70 replies
    Vice Magazine ^ | January 6, 2015 | Nathan Schneider
    As if Silicon Valley hasn't given us enough already, it may have to start giving us all money. The first indication I got of this came one evening last summer, when I sat in on a meet-up of virtual-currency enthusiasts at a hackerspace a few miles from the Googleplex, in Mountain View, California. After one speaker enumerated the security problems of a promising successor to Bitcoin, the economics blogger Steve Randy Waldman got up to speak about "engineering economic security." Somewhere in his prefatory remarks he noted that he is an advocate of universal basic income—the idea that everyone should...
  • How to Fix Poverty: Write Every Family a Basic Income Check

    12/15/2014 12:08:35 PM PST · by PROCON · 148 replies
    newsweek ^ | Dec. 14, 2014 | Betsy Isaacson
    In the United States—as in all of the world’s wealthier nations—ending poverty is not a matter of resources. Many economists, including Timothy Smeeding of the University of Wisconsin (and former director of the Institute for Research on Poverty) have argued that every developed nation has the financial wherewithal to eradicate poverty. In large part this is because post-industrial productivity has reached the point where to suggest a deficit in resources is laughably disingenuous. And despite the occasional political grandstanding against welfare, there is no policy, ideology or political party that is on the books as pro-starvation, pro-homelessness, pro-death or anti-dignity....
  • Elizabeth Warren Polishes Her Class Warfare Rhetoric

    11/19/2014 7:51:33 PM PST · by 2ndDivisionVet · 37 replies
    PJ Tatler ^ | November 19, 2014 | Stephen Kruiser
    Okayyyyyyy… Elizabeth Warren, in her first major public speech since being elevated to the Democratic leadership in the Senate, slammed Republicans on education, job creation and other economic policies, warning Wednesday that “the American Dream is slipping out of reach.” “We must fight back with everything we have,” Warren told a gathering hosted by the Center for American Progress in Washington. “The game is rigged but we know how to fix it. We know what to do. We tested the Republican ideas and they failed. They failed spectacularly there’s no denying that fact.” As a science fiction fan, I have...
  • In the 50-Year War on Poverty, Bureaucrats Have Won while Both Taxpayers and Poor People Have Lost

    09/22/2014 12:05:50 PM PDT · by Kaslin · 15 replies
    Townhall.com ^ | September 22, 2014 | Daniel J. Mitchell
    We know the welfare state is good news for people inside government. Lots of bureaucrats are required, after all, to oversee a plethora of redistribution programs. Walter Williams refers to these paper pushers as poverty pimps, and thereÂ’s even a ranking showing which states have the greatest number of these folks who profit by creating dependency.But does anybody else benefit from welfare programs?Robert Rector of the Heritage Foundation explains in the Washington Times that the War on Poverty certainly hasnÂ’t been a success for taxpayers or poor people. Instead, itÂ’s created a costly web of dependency. This year marks the...
  • America is running out of jobs. It's time for a universal basic income.

    09/09/2014 11:43:55 AM PDT · by DannyTN · 192 replies
    The Week ^ | 09/09/2014 | Ryan Cooper
    The politics of a guaranteed income get a lot easier when you acknowledge that the U.S. is no longer the land of opportunity ... However, there are other trends that may be interacting with and exacerbating this original sin. Automation and globalization had already largely hollowed out America's manufacturing employment base; most jobs created during this "recovery" have been in crappy low-wage work. And when one takes automation to its obvious logical end, it's hard not to conclude that robots will soon be putting just about everyone out of a job. ... As someone with a nice, stimulating job, I...
  • The Basic Income Guarantee: Simplicity, but at What Cost?

    08/27/2014 5:55:16 AM PDT · by Citizen Zed · 21 replies
    CATO Unbound ^ | 8-26-2014 | Michael D. Tanner
    Our current welfare system is clearly a mess. The federal government currently funds 126 separate anti-poverty programs, at least 72 of which provide either cash or in-kind benefits to individuals. For example, there are 33 housing programs, run by four different cabinet departments, including bizarrely the Department of Energy. There are currently 21 different programs providing food or food purchasing assistance. These programs are administered by three different federal departments and one independent agency.  There are eight different health care programs, administered by five separate agencies within the Department of Health and Human Services. And six cabinet departments and five...
  • The Conservative Case for a Guaranteed Basic Income: To reduce government spending and intrusion.

    08/06/2014 7:20:57 PM PDT · by SeekAndFind · 41 replies
    The Atlantic ^ | 08/06/2014 | NOAH GORDON
    Last week, my colleague David Frum argued that conservative welfare reformers need to focus on simplification. As a young crop of conservative policymakers announce a range of proposals, there’s some movement in that direction. Florida Senator Marco Rubio’s plan would move most of America’s existing welfare funding into a single “flex-fund” to be disbursed to the states. Wisconsin Representative Paul Ryan, partly inspired by the “universal credit” reforms of Britain’s Conservative government, proposes allowing states to combine different forms of federal anti-poverty funding—food stamps, housing assistance, and more—into a single funding stream. In a recent speech about fighting poverty, Utah...
  • Democracy Has Failed Because We Have Failed

    04/29/2014 4:53:17 AM PDT · by 2ndDivisionVet · 25 replies
    The PanAm Post ^ | April 28, 2014 | Frank Worley-Lopez
    Until We Learn to Be Sovereign, the Illegitimate State Will Continue.A recent editorial column here at the PanAm Post spoke of the failures of the opposition parties in Venezuela and their culpability in the collapse of their country. The article raises some very important questions about democracy itself. Democracy, after all, is a very good system, and can produce some very positive results. However, it is also a system fraught with incredible danger. Democracy represents the will of the people, but it also represents their whims, their fears, and their prejudices. The Historical Legacy: False Promises, Division, Failure It was...
  • 5 reasons to consider a no-strings-attached, basic income for all Americans

    03/20/2014 2:14:19 AM PDT · by Cincinatus' Wife · 105 replies
    Salon ^ | March 19, 2014 | Lynn Stuart Parramore
    What if you could receive a guaranteed basic yearly income with no strings attached? Didn’t matter how much money you made now, or in the future. Nobody would ask about your job status or how many kids you have. The check would arrive in the mailbox, no matter what. Sounds like a far-fetched idea, right? Wrong. All over the world, people are talking guaranteeing basic incomes for citizens as a viable policy. Half of all Canadians want it. The Swiss have had a referendum on it. The American media is all over it: The New York Times’ Annie Lowrey considered...
  • Hipsters On Food Stamps, Part 1 & 2

    01/12/2014 9:36:39 PM PST · by 2ndDivisionVet · 14 replies
    The Last Psychiatrist ^ | November 10, 2012
    "In the John Waters-esque sector of northwest Baltimore -- equal parts kitschy, sketchy, artsy and weird -- Gerry Mak and Sarah Magida sauntered through a small ethnic market stocked with Japanese eggplant, mint chutney and fresh turmeric. After gathering ingredients for that evening's dinner, they walked to the cash register and awaited their moments of truth." Those are two "hipsters", and the punchline is that they pay for their foodie porn with foodie stamps, which sounds like it should be a terrible thing, except it's in Salon.com, which means they're going to try and tell you how it's a good...
  • Rolling Stone: America Should Replace Capitalism With Socialism

    01/04/2014 4:15:35 PM PST · by mandaladon · 54 replies
    NewsBusters ^ | 4 Jan 2014 | Noel Sheppard
    The next time you wonder just how far to the left Rolling Stone magazine is, consider that in its first issue of the new year, it actually published an article calling for capitalism to be totally abolished in America and replaced with a socialist structure wherein people didn't need to work, all assets were taken over by the government, and redistributed to the masses. Fasten your seatbelts before continuing further: 1. Guaranteed Work for Everybody Unemployment blows. The easiest and most direct solution is for the government to guarantee that everyone who wants to contribute productively to society is able...
  • Switzerland to vote on $2,800 monthly ‘basic income’ for adults

    10/05/2013 8:31:14 PM PDT · by grundle · 31 replies
    yahoo.com ^ | October 5, 2013 | Eric Pfeiffer
    More than 100,000 residents in Switzerland have signed a petition demanding that the government ensure a minimum monthly income of nearly $2,800 (2,500 Swiss francs) for all adults in the country. The 120,000 signatures are enough to formally call a vote in the government over whether or not to approve the “CHF 2,500 monthly for everyone" (Grundeinkommen)” funding proposal. Funding for the proposed measure would come out of the Swiss social insurance system, which already guarantees universal health care coverage for its citizens, along with other benefits designed to uphold the country’s social safety net.
  • Thinking Utopian: How about a universal basic income?

    05/13/2013 5:07:01 AM PDT · by Sir Napsalot · 44 replies
    Wonkblog (WaPo)) ^ | 5-11-2013 | Mike Konczal
    In light of the recent Oregon Medicaid study, several people have discussed the idea of taking parts of the social insurance system and replacing them with cash benefits. This naturally brings up the debate about whether it should be a policy goal for the United States to adopt a universal basic income (UBI). These poverty-level targeted incomes are universal and unconditional, so everyone would get them regardless of their income, status or work participation. Wonkblog’s Dylan Matthews wrote an overview of universal basic incomes and some proposals for such a system last year. Though establishing a basic income was once...
  • Reports Of Fraud, Abuse Surround Federal Free Phone Program

    07/23/2012 1:59:36 PM PDT · by kevcol · 49 replies
    CBS Minnesota ^ | July 19, 2012 | Liz Collin
    MINNEAPOLIS (WCCO) — A federal program is giving away thousands of free cell phones and minutes in Minnesota, and you’re paying for it. Helping low-income people connect to services they need, the program gives free phones with hundreds of free minutes each month to people in need to land jobs, make appointments and stay in touch with family. But the program has come under fire for its $1 billion price tag and reports of fraud. . . Odell Hilson sold his phone for $20 because he needed the money. He didn’t remember which company gave it to him, but he...