Money for Nothin: Universal Basic Income

The extra $600 Americans get in weekly unemployment benefits ends this month so it brings back a discussion that was put on the table amid the COVID-19 Pandemic to discuss Universal Basic Income.

The idea is to provide everyone with a minimum living wage, whether they are employed or otherwise.

A vision of how this could work:


Every citizen would get an income from the government. Period. You don’t have to work, you just have to “Be” No real need to compete for jobs that offer the best income, now you could look for jobs that offer the best experience. Having the ability to focus on what you want to do instead of what you need to do. Not working two or three jobs to earn enough to live, but if you want to get a job to supplement the basic income you already have

In a Bloomberg interview, Andre Yang, the 2020 Democratic Presidential candidate, has voiced his opinion and pushed towards UBI as well as a more robust technological footprint, stating that we are “behind the technological curve” referencing privacy and the ability to track and trace people. hmmm

Could UBI be the saving of our future? or another Socialist agenda? This design could be bad or super awesome. I suppose it depends on how you look at it. In theory, if i understand this correctly, The government would adjust the basic income at a level to allow subsistence but to also encourage enterprising efforts.


In a crisis such as this, especially with so many people out of work It would be nice to believe that a universal basic income program would allow people to have a safety net. Think about the Stimulus check.

On the outside this seems fantastic, whether you needed it or not that 1200 Stimulus check was nice to see in the mail. For many it staved off creditors and fed you and your family. Others may have used it for fun and savings. Giving people the opportunity to discover new ideas, and new frontiers in media, programming, and creating innovation and allowing for an economic freedom…Right?

Universal basic income - Pros and cons - Economics Help

Some arguments against it are compared to getting handouts, no reform of the welfare system as the incentive to work, would dissipate and the entrepreneurial spirit would diminish.

DID YOU KNOW:

Heard of the proposed A Freedom Budget for All Americans,” ? In “A Freedom Budget for All Americans,” originally published in 1967, King and other civil-rights leaders proposed basic welfare for all U.S. citizens. Make sure people have not only what they absolutely need, but a little more. The cost of such a program, King argued, would not have exceeded by much the costs of the ongoing war in Vietnam.

Well no matter what you believe, the dynamic to the American Society has changed and many respects, forever.

We are now the generations of the “Remember When” . The Gen Z’s, Gen X’ers, Boomers and alike, will one day say this phrase, ” I remember America when………………………………”

Binspired: Word this week is: Transition

What ever is going on in this world. Look to god and move to continue to transition and transform your life!!!!

Assistance Amid Fears

This virus has caused heightened fears and paranoia. There is “end-of-the-world syndrome, bouts of anxiety and fear and financial woes.

there are financial campaigns for global relief such as:

GiveDiretly.com which sends money directly to people who are extremely poor and in this crisis needs even more assistance.

FRONT LINES

Our local grocery and service companies are on the front lines. Amid fears, they continue to provide you the best customer service whilst keeping themselves afloat and encouraged. Your larger grocery chains may be out of food, but many of the local places” are still serving the communities. People could not stock up and didnt have money to save for a rainy day, let alone a virus. Support your local establishments and here are a couple in Baltimore:

BALTIMORE

Luckies Market

Lexington Market

Harrys

Hazlo International Foods

THE NUMBER (1) (star trek speak)

Although there are precautions, people are choosing online services over going to the local stores. Remember, those items you get were also handled by people on the front lines as well, so be courteous, Although the larger franchises are losing money, many Companies are providing assistance as well

ONLINE SERVICES

AMAZON: has been a fast moving force. It has been increasingly relied on for all your everyday needs. With that, they are helping customers and communities who have been infected and affected by the virus.

AIRLINES

AIRLINES: the Airline industry to a big hit, of course people being afraid to be in a confined, climate controlled plane is not very enticing, if simply travel for pleasure amidst this virus. But there are some short term benefits for you, and for them, if you need to leave anytime soon. Look at many of airlines as they have extended pricing and discounts to the end of April.

Here are two:

Delta: said it will waive change fees for customers traveling through April 30 if the ticket was issued before March 9, in addition to waiving fees for customers purchasing flights between March 1 and March 31.

American Airlines will waive the change fee for tickets bought by March 1 for travel between March 10 and April 30. This is in addition to its previously offered waivers for tickets purchased between March 1 and March 31.

If you are able ensure you check on the elderly, check in on your neighbors family and friends especially those that may have pre-existing emotional issues that can be exacerbated during this crisis.