Discover and read the best of Twitter Threads about #ubi

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Daily Bookmarks to GAVNet 5/21/2020-2…

What is the Appropriate Social Discount Rate for a Charter City?…
#charter #social #discount
Democratic senators propose $2,000 monthly payments to most Americans - POLITICO…
#UBI #monthlypayments
Immune system discovery could end chronic organ rejection…
#OrganRejection #ImmuneSystem
Read 7 tweets
Daily Bookmarks to GAVNet 5/17/2020-2

Coronavirus has made basic income not just desirable but vital | World Economic Forum…
#Income #UBI #basic
The Invisible Business Risk of the Covid-19 Pandemic | naked capitalism…
#pandemic #coronavirus #capitalism #risk
Read 8 tweets
WATCH & RT: in 1945 after WWII Labour’s Clement Atlee counter-intuitively beat war-hero Winston Churchill, and went on the set up the UK’s National Health Service.
Today, we’re in a similar socially revolutionary moment.

The time to consider #UniversalBasicIncome (#UBI) is now:
People replying to me about #UniversalBasicIncome, trust me UBI isn’t what you may think it is. It’s almost always surprising to people who delve into it. Start with this basic primer from a World Economic Forum website write-up @wef:…
I should add, the piece was written by @scottsantens 🙏🏽 hi @eleanorwalshie can we book him for an interview on my show?
Read 4 tweets
#MMT economists have been saying for decades that a #JobGuarantee is an automatic stabilizer. When the private sector is laying off millions of workers, the Federal government must step in as the employer of last resort.
You take people as they are, where they are, and you do on-the-job paid training at a living wage & benefits for anyone ready, willing, and able to work. During a #pandemic, one of the most important jobs under the #JobGuarantee system is to #StayHome.
There are also millions of jobs that can be done remotely and safely right now (e.g. emergency call centers, wellness checks, testing/tracing/isolating for #COVID19, weatherizing vacant buildings, installing rooftop solar on every school and gov building,..
Read 6 tweets
One of #ModernMonetaryTheory's titans is @ptcherneva, a leading proponent of a federal jobs guarantee. In this long interview with @drvox, Tcherneva explains how a jobs guarantee would rescue us from the tragic chaos of mass unemployment.…

In one sentence: "A job guarantee is the idea that people who want decent work should be guaranteed that opportunity. It is a public option for a basic, decent job with basic living wages and basic benefits."

Tcherneva wants "a program that solicits proposals from the community — from municipalities but also nonprofits. They come with projects and say, 'look, we’re doing this important work, but we’re understaffed and underfunded. We would like to staff these projects.'"

Read 14 tweets
Deloitte, 2017: "Operations will cease to be delivered by humans."

Deloitte: The #Future of Operations, Deloitte Global Impact Report, Nov 13 2017


#Covid19 is the conduit to the #4IR now in full motion. As people come to terms w/ what is being forced upon humanity, we will soon regret that we did not unite to oppose to draconian lockdowns/expanding surveillance that will serve to protect/insulate ruling classes from revolt.
#UBI (universal basic income) is a tool designed by the rich to stave off #Molotov cocktails - while at the same time enriching themselves even further. The ruling class knows full well what they are unleashing - but the citizenry does not.

Read 46 tweets
I’ve been watching a fair amount of the debate between @mcuban and #UBI proponents like @scottsantens.

It’s been quite useful for identifying the sticking points.

I noticed some recurring themes that illustrate a need for clarification in any messaging around the subject.
1) UBI is not a handout, it’s an investment.

The instinct to attach a work requirement to government assistance comes from viewing the money as a giveaway.

This isn’t a present for people to go have a good time. It’s an investment in their well-being and in their future.
Rather than giving people money in exchange for their time, we should give them money and let them use their time *more* productively than that.

People want to live and to do good things.

We don’t have to demand compensation from people. We just need to invest in ourselves.
Read 8 tweets
INTRO - Here are my thoughts on basic income in light how what we are experiencing now.

Voici ma réflexion sur le revenu de base à la lumière de ce que nous vivons actuellement

(La chaîne sera reproduite en français ce soir ou demain).
1) Since the pandemic and the CERB payments, there’s been much interest for basic income… and also lots of confusion of what it is and what it is not. As I said in prior tweets, words matter.
2) First of all, a Universal Basic Income (UBI) is a basic income, but basic income is not necessarily a UBI. The “Universal” in UBI means everyone gets a cheque, regardless of income.
Read 39 tweets

We need food industries to ban together and coordinate a support for #UBI.

The problems:
-People have no money to buy foods.
-Foodbanks are overwhelms and are not design to distribute foods on a large scale. 1/
-Farmers are wasting and dumping their products due to lack of lack of demand FROM their supply chain.
-More people are unemployed. 2/

-CEOs and Leaders of the Food Industries (i.e
Farmers, Markets, Groceries, Restaurants, Brokers, etc.) must unite and coordinate their influence to put pressure on congress to pass #UBI.
>>This will allow their Customers (us) to have cash on their hand to spend. 3/
Read 5 tweets
I experienced some racism today! I walked to a Mexican restaurant here in San Diego. There were some other, white people in the store waiting for their food when I got there. I ordered my food, and immediately after I sat down to wait I alone was told that I couldn't wait inside.
When I went outside, I was met with death stares from someone in their car who talked some shit about me I couldn't totally hear. Today made me realize that there is no need for AI to help foment division on social media. It's already everywhere.
It could totally not be racism. It could simply be that I am less threatening, low-hanging fruit and it is easier to ask me to leave than it would be to ask someone bigger. It's certainly happened to me before, and who's to say it's because I'm Asian. But I felt the hostility.
Read 17 tweets
I am an optimist, but rarely sound like one. I'm wired to see, then fix problems. That journey isn't rosy but always worthwhile. So I don't love dramatic "failed state" proclamations.

Here's the most balanced view I have of what I'm pessimistic & optimistic about for the US.

I'm optimistic about:
1) Many young people are more civically engaged than ever.
2) Even the far left & right see many of the same problems. They mainly disagree on solutions. Eventually we can debate those.
3) Reserve currency + military buy us time to solve things.

4) We have the tools to aggregate and direct capital from individuals to where its needed. We've only scratched the surface for deploying it.
5) The entrepreneurial spirit is still here, but underutilized. You see glimmers on Shark Tank & some startups.

Read 18 tweets
Another night of staying up at 5 am thinking about the way I will bring Universal Guaranteed Income (#UBI) to the people of this nation, but more specifically my city of #Atlanta. (A thread)
It’s time that we all engage within a social contract with one another as well as with our government. This contract states that we all can agree that not one person that lives within this nation should be regulated to less than humane living conditions of any kind.
This means that at the very least, the safety nets in place are supposed to be adept in providing an income which would be right above what would be considered poverty for one person. This figure is around $12,700 annually, so about $13,000/year•$1,100 monthly.
Read 10 tweets

I have a friend, @PeterDiamandis, who says that “the day before something is truly a breakthrough, it's a crazy idea.” And crazy ideas are very risky to attempt. But here's one crazy idea that may be worth attempting now: Universal Basic Income. #velshi #UBI

#UBI is a big idea & there are many versions of it, but it goes something like this: every citizen, regardless of employment status, gets a modest income from the state, no strings attached. It allows them to live ABOVE the poverty line w/o the bureaucracy of means-testing.

#UBI not only serves those who fall through the cracks, but also the caregivers, gig workers, contract workers, part-timers, freelancers, home workers & people who care for their children receiving no healthcare or childcare benefits through their employers #velshi
Read 7 tweets
I am an Australian teacher. You will not by default practice #herdimmunity on me & my colleagues. Read "I’m an epidemiologist. When I heard about Britain’s ‘herd immunity’ coronavirus plan, I thought it was satire" by William Hanage…
Catching #Covid19 still means you can get it again. Prof Kim Woo-Ju, Depart of Infectious Diseases at Korea University. He's done SARS, Swine Flu Pandemic, Ebola, & MERS. At 8.08 he calls those who have #Covid19 & get it again as having a "reactivation'.
There were no brawls over toilet paper in Taiwan b/c everyone felt safe. Teachers in Taiwan had a Pandemic Office providing PPEs for teachers & students & highly trained cleaners as well. In Australia some schools didn't have enough soap for students to wash their hands.
Read 53 tweets
I’ve signed the Humanity Forward Pledge, which calls for $2,000 per month to every American for the duration of this pandemic and $1,000 forever.
Before #Covid_19, I knew that UBI was an important safety net for people in my community. The United States has exercised a war on the poor for generations and without this basic income too many families in #NY15 and in the country will fall through the cracks.
I’ve signed this pledge because it will create positive change and could save families and lives in my district.
Read 4 tweets
July 31, 2017, #WEF: "As developments in artificial intelligence and robotics advance, there is going to be a severe and swift disruption of many working classes."…
"#UBI, an economic proposition in which a sum of money is regularly paid to a population, could be a vital bulwark against the unintended consequences of #automation in the workforce."
"Companies will profit significantly from workforce #automation, so the private sector will be able to afford shouldering this burden, while at the same time still making greater #profits."
Read 14 tweets
A lot of people are worried about their #mortgage in the wake of #COVID19 and rightfully so.

Optimists say that since rates are super low that we won't have any issues. I want to dispel that myth. Let's explore what's going on and what happens moving forward.

The major factor is unemployment. This excellent graph from @TheBlock__ shows the speed and magnitude of what #COVID19's slowdown is doing. 10 million unemployed in 2 weeks means a lot of folks will be stressed when it comes time to pay rent/mortgage.

It's unprecedented. Image
To understand what's going on now I need to take you back a little first. Let's explore the past year.

In short, lenders have been stressed due to high demand, and lag times are hurting those waiting for their refinancing loans to close.
Read 19 tweets
#HologramThread The Politics of Magic

Q: What is the most basic tool in the magician's kit?
A: Misdirection

Who here has seen all the right-wing outrage at the #KennedyCenter getting $25 million? Raise your hands if you've seen that on your social media feeds.
Imagine that you are watching someone do a magic trick with a quarter. You give them the quarter, and they make it disappear. They say they aren't going to give it back. That's the price of the magic trick. Are you mad about it? What if someone else TELLS you to be mad about it?
At the same time, the real magic is happening: While you are focused on the quarter, the same person who told you to be mad about not getting it back holds a magnetic reader near your wallet or purse. They lift a few credit card numbers and charge $5,000 in cash advances.
Read 11 tweets
Join me tonight at 7pm est. for #DiggingDeeper with @BWDeadcat and @PinataDrunk on @PatriotsSoapbox

Tonight's Show Prep:

"The Empire Strikes Back"

#WWG1WGA #FourthIndustrialRevolution #Technocracy #UBI #REDRED #IMF #DigitalDollar
Live now!


Read 3 tweets
The conversation about Babylon is very important and is relevant to more than our health information. Every app you download to a smartphone is gathering data. Geospatial data, personal data, health data (think FitBit) and that data is extremely valuable, yet so few jurisdictions
protect consumers and their data. If our data is worth something we should be getting something more than an app (which we may or may not pay for) in return. This data will shape our world in the future, as AI and ML become more and prevalent. Data is powerful and that power
like power in any other context, can be used for good or not good purposes. Governments have a responsibility to first understand tech and how it impacts our world and to regulate when appropriate. I know this isn't directly related to #covid19
Read 4 tweets
@eddiechu888 @Delecarta @JohnHLee02 @scottsantens @AndrewYang @Noahpinion @paulkrugman @DeanBaker13 @Nouriel @erikbryn I have a few points to make.

1/6 The government represents everyone, not just taxpayers. The money the government spends is not "taxpayer money." Restricting government spending to tax revenues is a political decision.…
@eddiechu888 @Delecarta @JohnHLee02 @scottsantens @AndrewYang @Noahpinion @paulkrugman @DeanBaker13 @Nouriel @erikbryn 2/6 The amount of money the government can afford to hand out to people as #BasicIncome is determined by the capacity of the economy to respond productively to the new level of consumer spending.…
@eddiechu888 @Delecarta @JohnHLee02 @scottsantens @AndrewYang @Noahpinion @paulkrugman @DeanBaker13 @Nouriel @erikbryn 3/6 A #BasicIncome doesn't need to be "funded." By acting as a blanket tax on the whole economy, VAT actually *reduces* the amount of #UBI we can afford.…
Read 6 tweets
If you include @RealDonaldTrump's ~$30 billion bailout of American agriculture, the Trump administration will likely spend more on direct government handouts to American business in one term than Presidents Bush and Obama did in 16 combined years.
Rememind the @GOP of their spending-crazy party leader the next time they try to lecture progressives on paying for Medicare for All or univeral free public college.

With Republicans, it's always fiscal conservatism for you and endless handouts for them.
In the last week we've seen the @GOP:

> Go from decrying socialism to hyping a #UBI
> Call for more government intervention in healthcare
> Invoke powers allowing POTUS to direct industry production
> Promote bailouts for cruise lines, airports, hoteliers, and banks
Read 5 tweets
WHAT THIS IS NOT. The pandemic sweeping the globe is many things, but we would all do well to reflect a bit on what it is not. It is not an extinction-level event; nor, as my brilliant boss put it “as contagious as measles and as deadly as ebola.” But it could be. 1/
What this is not is just another flu, & for the time being, what this is not is normal. The flu is responsible for about 500,000 deaths per year, worldwide. It has been around for generations; its attributes, epidemiology, symptoms, prevention, & treatment are well known; 2/
Vaccines are readily available to complement a pre-existing “herd immunity” of those who have suffered mild cases and developed a partial immunity. 3/
Read 33 tweets
USDA fights to purge food stamps recipients despite pandemic | PBS NewsHour…
This is a problematic policy no matter the circumstances. But moving ahead during a global pandemic? Where people are being laid off left and right?!?

This is so incredibly cruel.
This is why I will NOT praise Trump for a tweet.

Talk is cheap. Get #UBI passed before you get applause.

He is a master manipulator. Over and over we see him say one thing to distract us from seeing him *do* the opposite. That check will mean less for SNAP folks kicked off.
Read 7 tweets

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