Thursday, July 06, 2017

Sharing The Basic Wealth

Mark Zuckerberg embraces free money:
“We should have a society that measures progress not just by economic metrics like GDP, but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to make sure everyone has a cushion to try new ideas.”

In his recent Facebook post, Zuckerberg discussed his trip around America to visit all 50 states and specifically his time in Alaska. Zuckerberg praised the Alaskan social security system which provides residents with a yearly check from the Permanent Dividend Fund, a $52-billion fund comprised mostly of oil revenues. Residents receive approximately $1,000 to $2,000 a year from this fund. This system, while not exactly a universal basic income plan, stood out to Zuckerberg as an approach that he believes “may be a lesson for the rest of the country.”
As a state model, maybe. Nationwide? Who pays for the income in the end?

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Senate Smackdown

He's mad as hell, and he's not gonna take this anymore: