What would you do with $1,000 per month?

In the late 1970s or early ’80s I became aware of Swedish prime minister Olof Palme’s idea of a basic income for all citizens. It resonated with me, much as Mary and Lewis Leaky’s early humanoid studies did, in that it provided a puzzle piece in my ongoing evolution of thinking about my inherent egalitarian template.

At that time, I was unaware of the idea of a Universal Basic Income (UBI), an idea that has been repeatedly forwarded by such notables as Thomas Paine, Milton Friedman, Charles Murray and Martin Luther King to name but a few of its disparate proponents.

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Universal Basic Income could:

• Stabilize family income and reduce the stress of providing for a family.

• Increase the possibilities for local entrepreneurship.

• Increase the ability to save or borrow, and have credit with local banking institutions, thus increasing assets of the banks while decreasing the need for high-interest Pay Day loan usury.

• Produce a liberating effect among the low wage sector, creating more choices and security with which to seek meaningful work and aspire to a middle-class life.

• Provide employers, especially small business owners, with a more affordable labor pool to draw from and more competitive strength with regard to corporate and chain-store competitors.

• Stabilize our rural and small town populations as they weigh their economic options in the rapidly changing macro-economic picture.

• Make senior healthcare more affordable and appealing to those who would care for the ill and aged among us, but who suffer themselves from very low pay.

• Reduce crime, especially domestic and property crimes.

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The list of possibilities goes on and on in this experimental thinking.

Article URL : https://www.dailyunion.com/announcements/what-would-you-do-with-per-month/article_bbd19392-d423-54c1-912a-f2f2a23c650a.html

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