Posted on 05/25/2024 11:06:18 AM PDT by EBH
The program will give 100 people in one of Cleveland’s neighborhoods a wage subsidy or guaranteed salary of $50,000 a year for three years.
Participants will also receive health insurance through their employer.
“Dignifying historically low wage work and beyond the direct care industry thinking about jobs like that turnover hospital beds and also jobs that happen in community through local coffee shops and diners and things like that,” Cotten said.
Councilmember Stephanie Howse-Jones said the city council voted to invest $600,000 into the pilot.
She said this program could be beneficial for both employees and businesses.
“In this pilot, we want to be able to demonstrate and show economically businesses that there is a positive return on the investment by investing in your employees,” Howse-Jones said.
Cotten hopes this program can set families up for long term success.
“It’s giving folks three years of demonstrated work history, that allows them to develop social capital, individual agency, and allow them to chart the next chapter of what they think their life should look like,” Cotten said.
(Excerpt) Read more at cleveland19.com ...
Sounds like a great idea on the surface, but 50K to be a barista?
Nope, I don't get it.
SOMEbody needs to consult John Smith on where this historically leads.
Are there enough taxpayers to support these people ?
Where does the money come from?
- from taxes coerced from people who are working at a normal job without a subsidy.
Will the people at normal jobs feel resentment when they see others getting free money from the government for not doing anything?
- yes, they will feel resentment, but they can’t do anything about it.
What happens when this program is extended to all, as the word “universal” implies?
- money becomes valueless and the economy crashes, causing almost universal misery.
Almost? Who won’t become miserable?
- the ruling elite, which always takes care of itself first, and flings $hit at the working stiffs.
It’s communist nonsense. And what’s worse, it’s not even balanced communist nonsense.
Joe gets $50,000 a year for three years. Jim, who lives next door, gets nothing. Zero. Zip.
Joe had better keep his big mouth shut about this. But he probably won’t.
Idiocy
and you know who the 100 people are
The problem is a ‘work history’ the problem is poor work social skills and weak employment ethics.
It won’t end poverty.
Even if the leftist utopia of starting everyone with exactly equal money, income, goods, houses, etc could be realized, within a year, there’d be disparity. The issue is largely money management.
$600,000 voted for.
100 people × $50,000/yr × 3 yrs = $15,000,000.
One of the 100 people better be better at math than the politicians that voted this in...
The math looks bad, and while the story is not clear, it appears that the subsidies will not be $50,000 per person, but rather the difference between their current income and $50k.
So, the person making $40,000 will get $10k.
When I was going through school there was an axiom intended to convince us to take our schooling seriously. It was “play now, pay later; pay now, play later.” Unfortunately our socialist leaning government has turned that on its head to now it is “play now, play later; pay now, pay later.”
Will there be any looting?
the city council voted to invest $600,000 into the pilot.
Putting those together, the average is $2,000 per person per year, if my math is correct.
That makes better sense.
I’m thinking there will be a catalog with 100 jobs. Only 12 will actually get filled. The other 88 — people will interview for them but the jobs never actually get filled.
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