UBI (universal basic income) is gaining traction in the U.S. and worldwide. Support for a UBI is no longer the working person’s dream, but economists and finance writers are now writing in favor of redistributing the wealth in a fair way. Naysayers will always be against a UBI because they’re blabbering the ultra wealthy’s rhetoric, ignoring that a UBI keeps the capitalist system thriving while creating jobs to fill the spending by the people. Capitalism is driven by 76 percent of the majority of people, who actually spend their money instead of hoarding it. Capitalists say because they create something or take risks with other people’s money they should be able to hang onto all of their wealth, but what they fail to admit to is if they didn’t have people’s money to speculate with or the average person didn’t buy their products, they wouldn’t have their wealth. The UBI concept was dubbed “helicopter money” by the GOP financial guru Milton Friedman some 50 years ago when he said putti...
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.