Thoughts?? :) IS THE FIX FOR POVERTY AS SIMPLE AS A CHEQUE IN THE MAIL?
Coming to an Ontario city near you: cheques for every resident as part of a "mincome" experiment to reduce income inequality
Back in the 1970s, a pilot in Dauphin, Manitoba met with reasonable success. Recent months have seen mincome once again garnering attention from the feds. Justin Trudeau?s Liberals have resolved to develop and deploy a mincome experiment, potentially in Prince Edward Island. Calgary mayor Naheed Nenshi endorses the idea, as does Alberta?s finance minister, Joseph Ceci.
A trial project would provide experimental data, but Toni Pickard, a mincome supporter and professor emeritus of law at Queen?s University, cautions that a pilot could stand in the way of progress.
?Pilots risk delaying implementation,? she says.
She points to successful basic income initiatives in other countries, like Brazil?s Bolsa Fam?lia grant program, which supplements the incomes of families with children (provided kids attend school and get vaccinated). Brazil wants to universalize the grant, which has not only helped the poor, but the economy as a whole ? for every Brazilian real spent, the government receives a 178 per cent return.
?Our economy is supposed to be driven by demand,? says Regehr, but if people don?t have money to spend, their demand means little. ?That?s why a basic income has such a profound effect. You?re not just giving individuals or families a basic income ? you?re actually providing the basis of an economy.?
https://nowtoronto.com/news/is-fix-for-poverty-as-simple-as-cheque-in-the-mail%3F/