Establishment Proposes: “Have the Government Give Every Adult a Basic Income”

Tuesday, November 19, 2013
By Paul Martin

Mac Slavo
November 18th, 2013
SHTFplan.com

With government intervention now becoming the only viable solution being touted for everything from individual health care and the economy to our personal safety and how we educate our children, it would only make sense that officials in Washington also figure out a way to use their power of confiscation and redistribution to equalize the income playing field.

It’s no secret that 48 million Americans require nutritional assistance just to put food on the table, or that over 100 million of us are living in or at the very edge of poverty, or that nearly one in three of us is currently without any meaningful labor.

This is a major problem, and if we stay on our current trajectory those numbers are going to continue to rise. The American people are broke, and so are the businesses that employ them, which means that we’ll continue to shed jobs, decrease wages and further impoverish an already dwindling middle class.

Enter the idea of a Universal Basic Income, to be distributed by the Federal government on a monthly basis to every adult in America.

You read that right.

It’s a proposal being floated by members of the establishment media at The Atlantic, the New York Times, and Business Insider, and based on their research, would put a decisive end to poverty and income inequality in America.

According to the “experts,” this is how it would work:

A simple idea for eliminating poverty is garnering greater attention in recent weeks: automatically have the government give every adult a basic income.

It’s exactly how it sounds. The government would mail every American over the age of 21 a check each month. That’s it. Everyone is free to do what they like with it.

Giving each working-age American a basic income equal to the poverty line would cost $2.14 trillion. For some comparison, U.S. GDP was almost $16 trillion in 2012 and the defense budget was $700 billion.

But a minimum income would also allow us to eliminate every government benefit as well. Get rid of SNAP, TANF, housing vouchers, the Earned Income tax credit and many others.

The clear [benefit] is that no American would live below the poverty line. The U.S. has been waging the War on Poverty for a generation now and still nearly 50 million Americans are below the line. This would end that war with a decisive victory.

The Rest…HERE

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