Unemployed people derive significant psychological benefits from receiving a fixed amount of financial support from the state, according to a landmark experiment into basic income in Finland that highlights the disadvantages of the country’s existing means-tested system.
Some Chicago families could start collecting a $1,000 check every month with no strings attached. That’s the new proposal from a task force created by Mayor Emanuel.
Ontario just went through this program as a pilot project and scrapped it with the arrival of the Doug Ford’s PC government.
Well, now Trudeau wants to resurrect this idea and take it national.
A team of independent researchers will pick 100 people to receive the money. The purpose is to study how an extra $500 a month impacts people’s health and stress level. Researchers are also looking to see if people feel financially secure.
The Ontario basic income pilot project is coming to an end, says Children, Community and Social Services Minister Lisa MacLeod.
Barack Obama was in South Africa this past week at the Nelson Mandela Annual Lecture in Johannesburg. He unapologetically promoted Universal Basic Income [UBI] and that’s communism. He’s pushing it in a country where white farmers are being murdered by Communists for being white.
As you may or may not know, depending on how much anarchist sci-fi literature you consume, “TANSTAAFL” is an acronym meaning “There Ain’t No Such Thing As A Free Lunch.” But while TANSTAAFL may have been popularized by Robert Heinlein in his 1996 classic, The Moon is a Harsh Mistress, at base it’s just a reformulation of the age-old historical wisdom that nothing advertised as “free” is ever really free. As anyone ever suckered into a high-pressure timeshare pitch on the basis of a “free weekend getaway” offer will know, there is always a hidden cost to any “free” item.
Chicago Alderman Ameya Pawar is worried about the future.
He is concerned that a coming wave of automation could put millions of people out of work and result in more extreme politics.
“I think AI will result in there being less hours in the day that people are going to need to work,” Branson said. “You know, three-day workweeks and four-day weekends. Then we’re going to need companies trying to entertain people during those four days, and help people make sure that they’re paid a decent amount of money for much shorter work time.”