Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

RKP5637

(66,973 posts)
Mon Jun 13, 2016, 10:58 AM Jun 2016

Here's why the government should give you $1,000 a month [View all]

This could work well!

http://finance.yahoo.com/news/raising-the-floor-andy-stern-universal-basic-income-ubi-milton-friedman-social-security-003220195.html

It sounds more like a pipe dream than government policy. It’s called Universal Basic Income, a proposed government program that would essentially give every citizen a guaranteed floor income of say $1000 a month from Washington. It’s an idea that’s been around for a while and has more credibility than you might think—and not just from left-wingers. Richard Nixon and conservative uber-economist Milton Friedman were both proponents.

So too is Andy Stern, former president of the powerful Service Employees International Union and now a professor at Columbia University. In his new book ‘Raising the Floor,’ Stern lays out the case for UBI, and he suggests that it isn’t some pie-in-the-sky notion that would never see the light of day. I sat down with Stern to discuss.

“It is an old idea,” Stern points out. “Thomas Paine proposed it early on when we were forming the nation.”

As for why we need the program, Stern says that “at a time when our anti-poverty programs aren’t really working,” and with technology bringing massive job disruption, “we need to provide a safety net, a floor for every single American.”

UBI isn’t socialism, Stern says. Rather it’s a way to make sure every single American has stability in their life. Stern argues that middle class parents do this with their children, why shouldn’t our nation.
26 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Hmm. Should be: UBER-conservative Right-only-this-once-economist Milton Friedman. Not as stated. eom Festivito Jun 2016 #1
What are you talking about? This is an excellent idea that will be coming as some point. FighttheFuture Jun 2016 #5
I'd wager that most conservatives don't even know who Milton Friedman is. progressoid Jun 2016 #8
Oops. My goof. I changed my title. His support was way back in time. Festivito Jun 2016 #13
I agree, Milton pretty much sucks! FighttheFuture Jun 2016 #24
The proposal also wants to abolish all other social welfare programs !!! pbmus Jun 2016 #2
Some would probably be wrapped into it. Not Social Security, however. This is just to provide a FighttheFuture Jun 2016 #6
Just expand SS is the best proposal...we don't need another program ... pbmus Jun 2016 #22
Yeah, we really do. SS is retirement or disability. This is basic social safety net regardless of FighttheFuture Jun 2016 #25
Only if it were in addition to Social Security, SheilaT Jun 2016 #3
It is. FighttheFuture Jun 2016 #7
I think that those proposing this are not the ones who would jwirr Jun 2016 #10
If poor people become less poor as a result of government spending, it's "SOCIALISM!" closeupready Jun 2016 #4
Well played n/t KatyMan Jun 2016 #11
It would be interesting to know what the administration of jwirr Jun 2016 #9
U in UBI SusanLarson Jun 2016 #12
Thankfully, Obama is proposing a raise in SS to help people out of poverty. passiveporcupine Jun 2016 #19
And it would be an excellent way to redistribute wealth. I jwirr Jun 2016 #23
That's $32/mo more than I get from Social Security now. hobbit709 Jun 2016 #14
One of my friends and I were discussing this morning what a struggle it is to live in the RKP5637 Jun 2016 #15
Anecdotal to the max, but I'd open up a job for a start. whatthehey Jun 2016 #16
Excellent point passiveporcupine Jun 2016 #20
If it's separate from Social Security, SheilaT Jun 2016 #17
Every citizen yesphan Jun 2016 #18
While some may resent this, extending to children would be an issue whatthehey Jun 2016 #21
I agree TexasBushwhacker Jun 2016 #26
Latest Discussions»General Discussion»Here's why the government...