#ubi

wazoox@diasp.eu

UBI and the Anti-Work Vibe Shift | Greshm Institute

#politics #economics #UBI

It should be clear that this wasn’t actually a study of Universal Basic Income. Last year, I emphasized that it’s not possible to pilot a UBI. Giving cash to a small subset of the population is not UBI. UBI goes to everyone. It changes the economy as a whole. These types of studies only measure how people respond to unconditional cash transfers in the context of the current economy.

https://www.greshm.org/blog/ubi-and-the-anti-work-vibe-shift/

artsound2@diasp.eu

Seattle gave low-income residents $500 a month no strings attached. Employment rates nearly doubled.

For years, Candice Johnson had a stable job and few money troubles.

But when she was laid off during the pandemic, she found herself in “a chain reaction of events that kept going down.” Pregnant, jobless and forced to leave her home due to domestic violence, Johnson’s life “was an absolute mess,” she said.

Then her luck turned around. She got an apartment through King County Regional Homelessness Authority’s Rapid Re-Housing Program and connected with case workers at the YWCA, landing a job at a Pierce County bank.

And critically, she was tapped to receive $500 a month through a 10-month guaranteed basic income pilot program run by the Workforce Development Council of Seattle-King County, a local nonprofit organization. ...

BusinessInsider article: https://www.businessinsider.com/seattle-ubi-guaranteed-basic-income-low-income-poverty-housing-employment-2024-4
Original (paywall): https://www.seattletimes.com/seattle-news/how-king-countys-500-a-month-guaranteed-income-program-fared/
#seattle #UBI

chris@diaspora.freifunk-naila.net

THE TOTAL INCOMES OF THE CANADIAN TOP 1% OF TAX FILERS, ROSE BY 9.4 % IN 2021.

"Earlier this month, Statistics Canada released a report looking at the income and capital gains of the wealthiest Canadians in 2021. The findings are startling.

The total incomes of the top 1 per cent of tax filers, excluding capital gains, rose by 9.4 per cent in 2021. As StatCan explains, “This [income growth] occurred in the context of COVID-19 pandemic restrictions easing, many government benefit programs winding down, the labour market recovering, and the Canadian house prices and stock market indexes increasing in 2021.”

In other words, the wealthiest benefited from both growing earned income and gains from capital, at the same time that many workers were seeing benefit reductions and paltry wage growth amid a cost-of-living crisis.

By contrast, workers’ average hourly wages grew by just 3.9 per cent between 2019 and 2021. (Average wages actually fell between 2020 and 2021 because the share of low-wage jobs recovered post-pandemic and thus affected the composition of jobs in the data sample.)

To put things in perspective, it took workers nearly a decade to see their wages grow as much as the 1 per cent managed to realize in one year. Between 2012 and 2021, average hourly wages increased by roughly 9.6 per cent... ."
https://www.readthemaple.com/canadas-top-0-01-of-earners-saw-income-growth-of-30-in-2021/
#CANADA, #socialJustice, #UBI #TaxtheRich

digit@joindiaspora.com

having no ubi is like having no floor on your car.

those arguing against putting a floor in cars insist not to because then people would stop struggling to fall to their bloody mauled probable death.

i think we'd be a lot more comfortable, and comfortable going a lot faster, and further, if we raised the floor above being bloody mauled to probable death.

#ubi #ubianalogies #ubiadvocacy #ubisanity

schestowitz@joindiaspora.com

Western #capitalism works because here, look... we have capitalism. Cancer also works because it's widespread, as is #covid19 ... we need proper yardsticks by which to assess whether something is succeeding and, if so, to what extent. With more automation we need #UBI and the oligarchs needs to be taxed vastly more. UBI needs that.