Discover and read the best of Twitter Threads about #EmergencyUBI

Most recents (4)

I can see people's misunderstanding of UBI already leaking into the #EmergencyUBI plans. Let me try and explain. UBI is about creating an unconditional floor no one can fall beneath that lifts everyone in the economy away from the $0 point.

It is not meant as a job replacement.
I recommend first creating the UBI floor and on top of it utilizing trickle-up economy logic. Some people get paychecks. Make sure they keep getting them. Some people's paychecks are the spending of others. Make the government the consumer of last resort to keep businesses going.
I think the desire to do things like rent and mortgage freezes is out of fear. What we want is to make sure people can pay their rent and mortgage in the same way they already were. If we freeze stuff we have to then bail out stuff later. Focus on maintaining consumption instead.
Read 8 tweets
THREAD: What I'm about to tell you I only understand because I have a #BasicIncome already and it's hugely important for everyone to understand right now in this #coronavirus moment.

$1 ≠ $1

That may seem like bad math, but let me try and explain...
Many of us were already feeling financial insecurity prior to this pandemic. Every month was a matter of survival. Would you earn enough? Would you keep your job? What would happen if you lost your job? Would you find another? Would you go on welfare? Would you become homeless?
All of those fears and anxieties are now actually happening. It's real. People are actually losing their sources of income. People have no idea how long they'll be without income and what's going to happen to them. People are scared shitless and rightly so.

There's no security.
Read 16 tweets
The US needs a #COVID19LockdownNow to protect public health. We must must follow the lead of China, Italy, and Spain and halt this pandemic in its tracks.

medium.com/@Andrew.Goldst

To do this morally, we must implement:
– logistical support to ensure those in isolation have basic needs met, especially for those most vulnerable AKA #HumaneIsolation
– a moratorium on rent and mortgage
– a people's bailout AKA #EmergencyUBI
And in the era of rising ethnoreligious fascism globally, we must tread carefully to protect public health, democracy, and freedom. This might mean having it be time-limited and brief (e.g. 10 days).
Read 6 tweets
SÄ hÀr nÀra har nog inte DN varit att föreslÄ #basinkomst förut. Följ HK!

”Familjeförsörjare som inte kan gĂ„ till arbetet kan ocksĂ„ fĂ„ trubbel med rĂ€kningarna. Den svenska statskassan Ă€r vĂ€lfylld. DĂ€r finns kullager som kan fĂ„ hjulen att fortsĂ€tta rulla.”
dn.se/ledare/dags-at

LÀgre produktion klarar vi oss igenom under ett tag. Men hushÄllens konsumtion fÄr inte störtdyka. BÄde av marknadsskÀl och av sociala skÀl.

businessinsider.com/hong-kong-gove

Nu Àr det ganska lÄga belopp det handlar om, kanske 10-20.000kr/person i Sverige.

Men en jÀmn utbetalning kommer göra mest för de som har lÀgst marginaler.
Read 73 tweets

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