« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Hawaii just became the first US state to pass a bill supporting basic income  

By: Zimbler0 in POPE IV | Recommend this post (7)
Thu, 06 Jul 17 6:08 AM | 83 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 28503 of 47202
Jump:
Jump to board:
Jump to msg. #

Hawaii just became the first US state to pass a bill supporting basic income — here's the man behind it

https://www.yahoo.com/finance/news/hawaii-just-became-first-us-185000124.html

Hawaii made waves in June when it passed the first piece of legislation aimed at exploring a niche but growing form of wealth distribution.

The bill, HCR 89, directs the government "to convene a basic economic security working group," a request that can be seen as the first tangible step toward a US basic income program.

People who receive basic income get a fixed amount of money that they can use however they want.

Early research has shown that people typically don't spend this money on vices or vacations; instead, they use it to pay for things like home repairs, school expenses, and the costs of starting new businesses.

Few US politicians have mentioned or pursued policies related to basic income. But thanks to Chris Lee, the democratic representative who proposed Hawaii's measure, the state could become the first to run a government-sponsored basic income experiment on US soil.

>>>

Article does continue.

Just how does this half wit plan on paying for it?
Zim.




Avatar

Mad Poet Strikes Again.


- - - - -
View Replies (3) »



» You can also:
« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next