Thom's blog
What's Good About Guaranteed Basic Income
 If conservatives really want to do away with "wasteful" and "overly bureaucratic" social services in the U.S. - services like Medicaid, Social Security and foodstamps - there's an easy alternative. It's simple. It encourages personal responsibility. And it will do away with our current mess of programs that make up our social safety net. All we have to do is guarantee every person a universal, and unconditional, minimum income. It sounds unusual. It sounds like we'd just be paying people not to work. And why would anyone choose to work if they're receiving FREE money already? That's the knee-jerk response - but it doesn't hold up in real-world experiments. A paper published in 2013 looked at two groups in Uganda: one group that received a no-strings attached grant equal to their annual income - about 380 dollars per person - and a control group that received no grant. And what did the unemployed youth do when they were "paid not to work"? The group that received the grant worked on average an extra 17 hours in comparison to the control group. And they showed a 41% increase in earnings four years after receiving the grant. They invested in skills and businesses. Individuals were 65% more likely to practice a skilled trade two years after receiving the grants. And researchers have seen similar results from other experiments with unconditional income. In Kenya incomes increased by 33% and assets increased by 58% just one year after people received an unconditional $513 grant. Those researchers also found that the grant reduced hunger and that the recipients were better off in terms of psychological well-being. Which just makes sense. A guaranteed income lets households make a real budget and frees people from focusing only on where their next meal will come from. Those are numbers that show that a guaranteed minimum income promotes economic productivity and real growth from the base of the market. But those are just examples in the developing world. What about evidence from the world's developed countries?
|
Tonight on The Big Picture on RT TV at 7pm and 10pm... REJECTED! Greeks: "Democracy Won't Be Blackmailed" (check your local listings for stations or stream at RT or Free Speech TV, and catch past shows on Youtube)
Be sure to check out our newest video: RESTORATION - narrated by Leonardo DiCaprio & Thom Hartmann, directed by Leila Conners / Visit GreenWorldRising.org to check out all the videos: CARBON, LAST HOURS & GREEN WORLD RISING - narrated by Leonardo DiCaprio & Thom Hartmann, directed by Leila Conners
Big Picture Rumble: - Kevin Martin, Project 21  - TJ Helmstetter, Progressive Strategist/Commentator  - Bryan Pruitt, RedState 
|
Monday's Daily Stack 
Hour One: Greece votes no to austerity!
Speech: " Madison Square Garden Speech", President Franklin D. Roosevelt, October 31, 1936. " They are unanimous in their hate for me-and I welcome their hatred"
Article: "" by Matthew Campbell, Alex Webb.
Article: " 14th Amendment, July 9, 1868 (citizenship, representatives, public debt) Economic and Labor News |
Tuesday on The Thom Hartmann Program, 12-3pm ET
We'll have the latest news and information...everything you need to know to win the water cooler wars...
And, the best of the rest of the news along with your calls right here on...
The Thom Hartmann Program, Occupying The Media 3 hours a day 5 days a week" for "we the people"
And don't forget...Democracy is NOT a spectator sport...it begins with you...
|
The Thom Hartmann Program is a Charity Wine Partner with the Organic Wine Company. Purchase any wines and they will donate a portion of the proceeds to The Hunter School for children with autism, ADHD, and other learning challenges.
One of my favorite wines is CHATEAU VERONIQUE 2011 - The wine that started the Organic Wine Company. Subtle and sophisticated, this wine will complement any table.
Thom
|
Show Info
Call Thom on the show at 1-866-987-THOM (8466) (0870 974 9686 from the UK).
Sign up for Thom's podcasts.
Come on over to the free chat room, where Thom hangs out during the show.
Join in the discussions on Thom's free message board.
Blog or upload videos or audios at Thom's community.
|
Thank you for being part of our ever growing community for News, Debate and Opinion on the Thom Hartmann Program.
Click here to subscribe to the Thom Hartmann Newsletter.
Sincerely,
The Thom Hartmann Program |