Is Basic Income the Solution? Archives

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.

Market Insanity

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Why are 12% of America’s Men Not Working?

If these figures are accurate nine million men in the United States are out of work. That’s a level of unemployment rivalling that of the Great Depression. Those numbers call the official US unemployment rate of 4.9% into serious question. Part of the reason why the “unemployment rate” is so low is that only unemployed people actively searching for work or receiving benefits are counted.

My Thoughts

daniel April 24, 2016 America actually lost around five million manufacturing jobs, America’s production of durable goods, Basic Income, but the solution to inequality right, Guaranteed Income, he working class is not participating, Is Basic Income the Solution?, Job Loss, Manufacturing Boom, massive income inequality and class warfare, redistributing the wealth, systematic overhaul of the nation’s tax and welfare structures, trade and free markets, wealth-generating economics, What Bernie Gets Right

The Real Threat to America’s Future and How to Deal with it

The numbers clearly demonstrate that America is experiencing a manufacturing boom, but the working class is not participating. Technology; such as robots, is allowing manufacturers to ramp up production and profits without adding to the labor force.