Monday, February 28, 2005

Basic Income Guarantee

Title: Basic Income Guarantee Versus the Corporate Media
Source: Counterpunch
Date: February 28, 2005

From the article:
    How would a basic income guarantee work? Each month, every adult would receive a check from the government, for the exact same amount. These checks, notes the Citizen Policies Institute, would be "large enough to meet basic costs of food and shelter, and perhaps health care, but not so large as to undermine incentives to work, earn, save, and invest." The checks, likely "in the range of $400 to $800 a month," would go to everyone, working or not working, wealthy or not wealthy.
It is possible to imagine much higher amounts. See, for example, this article.

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