Union Perspectives

Will a universal basic income (UBI) work? One only has to look back at the GI Bill, which was put in place after World War II that established free college education for ex-military members and very low-interest rates on home loans. In fact, when I purchased my first home, I paid $40 down to cover closing costs and with a payment on a newly built three-bedroom, two-bathroom with a den, fire place 1,600 square foot home for $160 a month payment on $19,000 plus taxes and insurance. After about seven years, I sold the home for $48,000. This was my UBI and there are many more who got their middle class start by using the GI Bill, which even paid $350 a month to go to college three-quarters of the time.This made it possible for me to start a sheet metal shop, which twenty-nine years later provided me with a union pension. All of this was made possible with the GI Bill, which very closely resembles a UBI. Just think what $1,500 or $2,000 a month would do for everyone. Maybe they’d be able ...

Can workers today make more than their parents? At this time it is 50/50, but people born in 1940, the chance of children making more than their parents was at 92 percent—why? One reason for this is economic growth has slowed from 4 to 5 percent in the past decades to just 2 to 3 percent today; and almost all of the benefits of the 2 to 3 percent growth goes to the top with people in the lower income bracket are stuck with stagnant wages. The Americans at the bottom 50 percent are making an average of just $16,000 a year while the top 1 percent makes $1.3 million, and send their children to elite schools so the rich get richer and the poor get poorer. Part of the attack on the 1.7 million poor workers are employed by temporary agencies. Of these 1.7 million workers, 900,000 are on zero hour contracts. This problem is worldwide. Workers in the UK are facing the same problem, some 20 percent of the workers do not know if they will get a full week’s work. The people who are and have be...