Salem, Massachusetts, to Give Guaranteed Cash to Low-Income Residents
Salem is joining the list of Massachusetts cities that have introduced programs to give unconditional cash payments to low-income residents, the mayor’s office announced.
Universal Basic Income (UBI)
‘Economic Dystopia:’ Silicon Valley Tycoon Predicts AI Will Take Over 80% of All Work
Vinod Khosla, legendary Silicon Valley investor and entrepreneur, has predicted that AI will replace the majority of work in most jobs, necessitating the implementation of universal basic income (UBI) to prevent economic instability and inequity.
‘Godfather of AI’ Calls for Universal Basic Income to Counter Job Losses
Geoffrey Hinton, a tech pioneer nicked the “Godfather of AI,” has urged governments to implement a universal basic income (UBI) to mitigate the devastating impact of AI on jobs.
Analysis: $125 Million in Taxpayer Funds Handed Out as ‘Guaranteed Income’
More than $125 million of taxpayer money is earmarked to be used as no-strings-attached “guaranteed income” for low-income families across the U.S., a Daily Mail analysis revealed Sunday.
Money For Nothing: Universal Basic Income to Be Trialed in England
A trial of universal basic income will be trialled for the first time in England where 30 people will be given a strings-free monthly stipend.
Kellogg Foundation Bankrolls $500 Monthly Income for Illegal Aliens
The left-wing W.K. Kellogg Foundation, which effectively controls the Kellogg Company, is bankrolling a pilot program that will provide hundreds of illegal aliens living in the United States with a guaranteed basic income.
Money for Nothing: Merkel’s Germany to Trial Universal Basic Income
German researchers will give 120 people €1,200 a month for three years to see how their behaviour changes, after a study in Finland found that a similar experiment did not encourage unemployed Finns to find work.
#YangGang: Despite Failures in Finland, U.S., British City Wants to Try Universal Basic Income
The northern English city of Hull is set to become the first city in the United Kingdom to try to adopt a universal basic income scheme, despite the failure of similar schemes to reduce poverty and joblessness in America and Finland.
Jerry Nadler Gets Another Democrat Challenger: 25-Year-Old Former Andrew Yang Aide
Jerry Nadler (D-NY) got another primary challenger this week — 25-year-old former Andrew Yang campaign staffer Jonathan Herzog.
Parker: Money Doesn’t Grow on Trees, Someone Has to Pay for It
Elaine Parker of Job Creators Network writes in Townhall that sweeping policies espoused by presidential candidates in this robust economy are doomed out of the gate because the money to pay for them simply doesn’t exist.
