Democrat Presidential Front Runner embraces Basic Income

In particular, Harris is trying to buy the votes of middle class soccer moms – who will decide the 2020 presidential election. If Harris’s proposal is successful it will dramatically change the American electorate and shift the balance of political power to the left.

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Basic Income Opportunity in Chicago

The Chicago and Stockton basic income proposals demonstrate that there is a lot of innovative social work going on in America. All sorts of people are proposing a wide variety of creative solutions for problems like poverty.

A DARPA for social services would fund innovative social programs and related work. The social work DARPA would combine charities, community groups, nonprofits, government agencies, and university researchers.

One of the social-work DARPA’s mandates would be to fund research into alternative poverty-alleviation strategies such as basic income. It would also fund the development of new technologies for benefit delivery.

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How to Pay for Basic Income

The best way to finance Basic Income in America would be an individual income tax. That would leave the corporations which generate wealth, untouched but reduce income inequality.

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Is Basic Income the Solution to Illegal Immigration?

A basic income for Central America might be cheaper than detaining and deporting illegal immigrants. It would also be cheaper than Border Security measures like President Trump’s Wall.

It U.S. taxpayers $10,854 to deport an illegal immigrant in 2016, CNN Money reported. Immigration and Customers Enforcement (ICE) spent $3.2 billion identifying, arresting, detaining, and removing illegal immigrants in 2016 – before President Trump’s crackdown.

These figures do not cover the cost of President Donald J. Trump’s (R-New York) ridiculous border wall. The official cost of the Wall has been projected at $21.6 billion but some opponents have estimated the price at $66.9 billion, Time reported. Even without the Wall, the United States has spent $263 billion on border security since 1986, The American Immigration Council estimated.

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The Moral Arguments for Basic Income

A good basic income would give people a living wage and free millions to do important work. It would affirm the value of their work, and demonstrate that money is not the only goal of work.

The worst thing about our present jobs culture is the way it undervalues people. The only values assigned to people are the job they perform, or the amount of money they make.
By basing compensation and benefits solely on “jobs” we strip individuals of their dignity.

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The Basic Income Cryptocurrency is here

This makes Swift Demand one of the most interesting and ambitious blockchain platforms yet seen. Its goal is to build an entirely new type of economy based on a new kind of currency.
A whitepaper describes Swift Demand as “a transactional currency that provides a basic income.” That makes Swift Demand a basic income experiment as well as a blockchain platform.

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Is Finland Ditching Basic Income?

Nobody knows if the basic income program was a success because the data is not in. Although, USA Today claimed it had failed with no proof. Any data generated will be suspect because it sounds as if social-services bureaucrats; afraid for their jobs, rigged the program to fail.

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Meet the first Basic Income/Luddite Presidential Candidate

Yang comes across as a kinder and gentler Generation X version of Trump.
Yang might be the breakout Democratic candidate of 2020. Even if he does not win, Yang is certainly in a position to disrupt the Democratic primaries and possibly knock out some serious mainstream contenders like former Vice President Joe Biden (D-Delaware) or U.S. Senators Kamal Harris (D-California) and Kirsten Gillibrand (D-New York).
. Like Donald J. Trump, Andrew Yang is a sophisticated but improbable candidate that has a strong chance of reaching the White House.

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Basic Income Proposed in UK

“By borrowing around £200 billion ($280.25 billion) at historically low-interest rates the government could establish a fund; potentially able to pay itself back through economic growth engendered by investment in human capability from the fund,” the RSA claimed. The fund would be based upon the one already in operation in Norway, CNBC reported. That found is reportedly worth around $1 trillion (£700 billion) and was financed with oil revenues.

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