Universal Basic Income (UBI) was an original program of Technocracy in the 1930s, when everyone was to receive a like amount of income based on energy. Work would be assigned to every citizen, but their work would not be related to their income.
Today’s calls for UBI, if successful, will lead to modern-day slavery and increases in poverty and hunger. Were it not for the already failed economic policies of progressive left-wing radicals, there would be no need for UBI.
Huffington Post reports on Ilhan Omar’s new bill:
Rep. Ilhan Omar (D-Minn.) is set to introduce bold legislation on Friday that would create a guaranteed income program in the U.S. to send $1,200 a month directly to most Americans.
The SUPPORT Act — co-sponsored by progressive lawmakers Reps. Cori Bush (D-Mo.), Pramila Jayapal (D-Wash.), Dwight Evans (D-Penn.) and Jamaal Bowman (D-N.Y.) — would first create a $2.5 billion grant program to fund local pilots in guaranteed income. These would run in hundreds of communities across the country from 2023 to 2027 and provide findings for a national program.
The national guaranteed income program would start in 2028, sending $1,200 per month to adults making up to $75,000 per year, or heads of household making up to $112,500 per year, as well as providing $600 monthly per child. The payments would phase out for higher incomes.
Importantly, undocumented people who file taxes with an ITIN number would be eligible. The legislation would also establish a banking system through the postal service for “unbanked, underbanked and individuals experiencing housing instability” to receive payments.
“Poverty is a choice. For too long we have prioritized endless growth while millions are homeless, hungry or without healthcare,” Omar said in a statement. “We as a nation have the ability to make sure everyone has their basic needs like food, housing and healthcare met.”
The article reveals circular reasoning for all the other “tests” of UBI by merely stating their existence but not their outcomes. This includes Stockton, California, Mississippi. Oakland and Finland, all of which have been found to be useless.
Common Dreams, a progressive web journal, notes that Omar’s bill, called the SUPPORT Act, is co-sponsored by Congressional Progressive Caucus (CPC) chair Rep. Pramila Jayapal (D-Wash.) as well as Reps. Cori Bush (D-Mo.), Dwight Evans (D-Pa.), and Jamaal Bowman (D-N.Y.), all members of the CPC.
A 2018 report from the Federal Reserve Board showed that nearly 40% of U.S. adults could not cover a $400 emergency expense.
Because the U.S. has more than enough resources to abolish poverty, Omar argued, allowing it to continue is a “choice” that legislators make.
In fact, the government has no money that it didn’t first forcibly take away from productive, working Americans.
UBI is like a snake that eats it own tail, removing incentive to work and locking people into a death spiral of poverty.
Source: Technocracy News & Trends
Protect Your Finances Today
Precious metals are historically the most reliable and safest hedge against economic turmoil. With Joe Biden and the Democrats making a mess of an already chaotic financial situation due to the pandemic lockdowns, it’s important for patriotic Americans to take control of their financial future.
Our Gold Guy offers consultations to those who want to invest in precious metals. During these consultations, we will match your current financial situation with the best precious metal purchases. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
Fill out the form here and we will schedule a precious metals consultation.