Keyword: obamarecession
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The secret to Trump's success: Treating us with respect Posted: Monday, May 23, 2016 12:15 am By EDWARD FARLING Richard Cohen and the New York Times have, quite unintentionally, explained to me Donald Trump's appeal. The explanation was wrapped in the usual patronizing characterizations of his supporters; racist, hateful, uneducated (and therefore unintelligent), but it is not that. Trump supporters want jobs. Sure, the pundits never said it. They hate Trump and dismiss his supporters, and would never give them that much credit. But they did manage to leave it as the only logical conclusion. From the first of Cohen's...
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"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.
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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...
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May 11, 2016 Michael Covel An insidious new fantasy is blooming in Washington, D.C, academia and the media… Democratic presidential candidate Bernie Sanders dreams about it in between bong hits. It’s lovingly endorsed by “off the wall” left-wing economist Paul Krugman. And the ultra-progressive Huffington Post calls it “the idea that could revolutionize the 21st century.” The hype surrounding this “revolutionary” idea will soon be an everyday talking point. And if you’re a hard-working citizen who takes care of your own responsibilities, you should pay extra close attention… Because you’re about to get fleeced and forced to enjoy it… Utopian...
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Swiss voters overwhelmingly rejected a proposal that would have guaranteed everyone in the Alpine nation an unconditional basic income, according to projections published Sunday by public broadcaster SRF1. The plan could have seen people in this wealthy nation of 8 million people receive about 2,500 Swiss francs ($2,560) per month — enough to cover their basic needs. Proponents argued that a basic income would free people from meaningless toil and allow them to pursue more productive or creative goals in life. Critics said the plan would explode the state budget and encourage idleness, arguments that appear to have convinced voters....
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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.
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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.
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For the next 12 months, a man from Sarasota, Florida will receive $1,250 a month for doing absolutely nothing, and the people footing the bill couldn't be happier about it. The recipient, a man named Edwin who declined to speak to the press, won the $15,000 in a raffle held in San Francisco on May 31. The giveaway was organized by the nonprofit advocacy group My Basic Income, which wants to set up a slew of lotteries to see how basic income might work around the world.
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Tyler DurdenJanuary 29, 2016 With Citi's chief economist proclaiming "only helicopter money can save the world now," and the Bank of England pre-empting paradropping money concerns, it appears that Australia's largest investment bank's forecast that money-drops were 12-18 months away was too conservative. While The Finns consider a "basic monthly income" for the entire population, Swiss residents are to vote on a countrywide referendum about a radical plan to pay every single adult a guaranteed income of around $2500 per month, with authorities insisting that people will still want to find a job. The plan, as The Daily Mail reports,...
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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...
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With Citi's chief economist proclaiming "only helicopter money can save the world now," and the Bank of England pre-empting paradropping money concerns, it appears that Australia's largest investment bank's forecast that money-drops were 12-18 months away was too conservative. While The Finns consider a "basic monthly income" for the entire population, Swiss residents are to vote on a countrywide referendum about a radical plan to pay every single adult a guaranteed income of around $2500 per month, with authorities insisting that people will still want to find a job.
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Swiss voters rejected by a wide margin on Sunday a proposal to introduce a guaranteed basic income for everyone living in the wealthy country after an uneasy debate about the future of work at a time of increasing automation. Supporters had said introducing a monthly income of 2,500 Swiss francs ($2,563) per adult and 625 francs per child under 18 no matter how much they work would promote human dignity and public service. Opponents, including the government, said it would cost too much and weaken the economy.
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The latest Rasmussen Reports national telephone survey of Likely Voters shows that only 11% favor a proposal for the federal government to provide every single American with a basic income grant, or enough money to enjoy a modest living regardless of whether they choose to work or not. Eighty-two percent (82%) oppose this idea. (To see survey question wording, click here.)
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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...
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New York Magazine's Annie Lowrey excitedly writes "that there's a welfare-policy idea that is very in vogue. That idea is just giving everybody enough money to live on, rich or poor, old or young, working or not working. It is called a universal basic income." She adds that the idea has captured the imagination of Silicon Valley technologists, European socialists, U.S. policymakers on the left and right, and seemingly everyone in between. And while Lowrey is hedging herself as to whether a universal basic income or guaranteed income will succeed, it doesn't take much casual analysis to see that what...
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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...
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There was little support among Swiss politicians for the idea and not a single parliamentary party came out in favour, but the proposal gathered more than 100,000 signatures and was therefore put to the vote under the Swiss popular initiative system. Critics of the measure said that disconnecting the link between work done and money earned would have been bad for society. But Che Wagner from the campaign group Basic Income Switzerland, argued before the vote that it would not be money for nothing. "In Switzerland over 50% of total work that is done is unpaid. It's care work, it's...
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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...
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The above title should say it all. It is a currently unheard of social program but one that will become widely known just like Social security and Universal health care. The Universal Basic Income is essentially getting free money for life with no strings attached. ABSOLUTELY NONE! It is already beginning to take hold in New Zealand and is being contemplated (not surprisingly) by that Communist liberal utopia that Democrats want us to emulate, the European Union. According to websites such as basic income.com and similar websites advocating the implementation of UBI, everyone would receive somewhere between six hundred to...
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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...
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