Basic income

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Basic income is a term for a socialist policy where every resident of an area is guaranteed an income regardless of their employment status.

Various proposals for a universal basic income have been discussed in different countries, usually supported by the Left.[1] For example, in 2016, voters in Switzerland rejected a proposal to enact a basic income by about 78%.[2] Finland began a pilot program in 2017 to study enacting a basic income, but it ended the program a year later.[3] Ontario's newly elected conservative government also rejected a basic income pilot program in July 2018.[4]

According to the France-based Public Services International and the Britain-based New Economics Foundation – left-of-center organizations – universal basic income does not work well in practice.[5]

The El Paso Walmart shooter claimed that legal immigration was hampering implementation of a universal basic income.[6]

In 2021, the Democrats passed the American Rescue Plan, which included UBI payments.[7]

References

  1. Schlesinger, Jacob M. (January 11, 2020). Minimum-Income Ideas Get Widest Airing in 50 Years. The Wall Street Journal. Retrieved January 11, 2020.
  2. Swiss voters reject 'money for nothing' universal income proposal. Fox News (from the Associated Press). June 6, 2018. Retrieved April 25, 2018.
  3. Multiple references: See also:
  4. Singman, Brooke (August 1, 2018). Universal basic income ditched in Canada, even as US cities try welfare experiment. Fox News. Retrieved August 1, 2018.
  5. Vadum, Matthew (May 17, 2019). Universal Basic Income Programs Don’t Work Well, Report Says. The Epoch Times. Retrieved May 17, 2019.
  6. https://www.paypervids.com/alleged-el-paso-texas-walmart-shooter-manifesto/
  7. https://prospect.org/economy/2023-08-07-guaranteed-income-gets-new-life/

External links