ubi

Universal Basic Income is a transfer of money saved by automation to everyone. Unlike the CARIES Act, the HEROES Act, and the Build Back Better Bill, it will not be funded by creating money/expanding the money supply/inflation, but by a transfer of money to rebalance the economy to compensate...

The source for this money is the money saved on labor by automation. At present, the company that automates keeps this money as profit and makes no contribution to the workforce no longer required. The workers released will then compete with others in the workforce. Some may have to retrain...

Intent UBI transfers money saved by automation to production workers replaced by automation. Source It is a tax levied on production inside the country and manufactured goods imported into the country, so it can not be avoided by automating outside the country. Beneficiaries It is currently...

'Moderate' isn't where it used to be. We now have many millions more people in the job market than there are opportunities for employment. It started in 1975 when automation reduced the job opportunities in agriculture and in manufacturing. The workforce was primarily male, and yes, it was...

UBI Even some in the Banking Industry (more control through Digital Currency) and the Corporate World (Pure Survival – people need money to buy products) are behind the ideal of some sort of UBI. The most they offer is $10,000 per year. The True Democracy Party Proposal is four (4) times that...