UBI: Guaranteed Income for NOT Working!
Radio Commentary, 90.7, 91.7 New Life FM, July 7, 2017 – By Sue Ella Deadwyler
Will Georgia go from a guaranteed minimum wage for workers to a universal basic income (UBI) for everyone who has a job or doesn’t work at all? UBI is an emerging issue in other countries and has reared its head in the U.S.A., as well. Hawaii, recently, passed a bill to study the possibility of implementing UBI there.
In the General Assembly this year, three minimum wage bills were introduced, along with two other bills concerning equal pay for males and females. While H.B. 339 attempts to increase the minimum wage from $5.15 to $7.25 – a $2.10 hourly raise – H.B. 315 and S.B. 28 almost triple the current minimum wage to $15.00 per hour. Plus, S.B. 28 would have added an annual cost-of-living increase, beginning January 1, 2019. All those bills were left in committee for consideration next session.
It’s nothing new for minimum wage bills to be introduced or adopted in the U.S., but Finland adopted the UBI concept on January 1st, thereby guaranteeing 2,000 citizens $630 per month whether they work or not. Similar projects, also, exist in Canada, Holland and Italy. Continue reading