That sucking sound is DC money flowing to the federal government from the American people.
Archive for July 19th, 2017
Forbes puts Loudoun, Falls Church, Fairfax, Howard, Arlington in top 10 of richest counties list
19
Jul
Why universal basic income is gaining support, critics
19
Jul
Just because you are rich doesn’t mean you are smart.
“The idea of a universal basic income — monthly cash payments from the government to every individual, working or not, with no strings attached — is gaining traction, thanks in part to endorsements from Silicon Valley celebs. Some see it as a way to compensate for the traditional jobs with benefits that will be wiped out by robotics, artificial intelligence, self-driving vehicles, globalization and the gig economy. Others see it as a way to reduce income inequality or to create a more efficient, less stigmatizing safety net than our current mishmash of welfare benefits. In a commencement speech at Harvard University in May, Facebook CEO Mark Zuckerberg said, “We should explore ideas like universal basic income to give everyone a cushion to try new things.” […] in a July 4 blog post, Zuckerberg praised Alaska’s Permanent Fund Dividend, the nearest thing to universal income in this or any country. Read the rest of this entry »