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Monthly Archives: December 2015

Economic insecurity is crippling our society.

Economic insecurity is crippling our society. The society we live in is being torn apart in slow motion by economic insecurity

You know there is a problem when you hear a friend say, “I feel my productivity goes right down towards the end of the month when I don’t know if my monthly contract will be renewed”.

A huge swathe of our society is economically insecure – precarious. It hurts us economically. It hurts us as a society in lost energy and creativity.

We can’t afford not to think about Basic Income. #basicincomevancouver

In the 1970s, a federally funded pilot project called Mincome…

In the 1970s, a federally funded pilot project called Mincome sought to provide a Basic income guarantee to residents of Dauphin. MINCOME, a Canadian Guaranteed Annual Income (GAI) field experiment ran in the province of Manitoba between 1974 and 1979, and ended with no final report and no analysis of data. http://goo.gl/sIvLUY

The data was boxed up and put away. All 1,800 boxes of it. In 2011, Evelyn Forget got access to this data and analysed the health and social outcomes, concluding that “we found that overall hospitalizations, and specifically hospitalizations for accidents and injuries and mental health diagnoses, declined for MINCOME subjects relative to the comparison group and that “these results would seem to suggest that a Guaranteed Annual Income, implemented broadly in society, may improve health and social outcomes at the community level.” http://goo.gl/cEjs8N

In 2013, VPD recognized that “Recently there has been a worrisome increasing trend in persons exhibiting signs and symptoms of mental illness”. http://goo.gl/fxNl3G The MINCOME evidence of direct link between economic insecurity and mental health outcomes is a reminder that we need to have a conversation about the intersection of economic insecurity, poverty, and mental health.

#basicneedsbasicincome #basicincomevancouver

public.econ.duke.edu

Remember the last time you went swimming. Remember that feeling…

Remember the last time you went swimming. Remember that feeling of being able to touch the bottom. Remember how it feels when you are starting to tire. And that feeling of being able to touch the floor. This is what a Basic Income provides. It provides that floor. It provides security. #basicneedsbasicincome #basicincomevancouver

“There is a widely held belief that cash given to…

“There is a widely held belief that cash given to poor people (especially to men) will be squandered on alcohol and other non-essentials”.

It’s a belief. One which isn’t supported by the evidence in this 2014 World Bank policy research working paper on “Cash Grants and Temptation Goods” which reviewed 19 studies world-wide. http://goo.gl/XdH7pB

The paper categorically concludes that “concerns about the use of cash transfers for alcohol and tobacco consumption are unfounded” and that “almost without exception, studies find either no significant impact or a significant negative impact of transfers on temptation goods. #basicneedsbasicincome #basicincomevancouver

goo.gl

Minimum Wage and Basic Income are part of the same…

Minimum Wage and Basic Income are part of the same conversation, not different conversations.

BCGEU President Stephanie Smith notes that 1/4 of workers in BC are paid less than $15 an hour. 63% of minimum wage workers do not know how many hours they are scheduled to work next week.

Precarious workers have two related challenges – the precarity of their work hours, and that even if they are working full time at minimum wage their overall income is not enough to avoid economic insecurity.

A Basic Income guarantee provides a basic level of economic security for precarious workers. A living wage ensures that fully employed workers are able to earn enough to be able to plan for more than just surviving.

#basicneedsbasicincome #basicincomevancouver

Our monthly discussion is coming up. Join us on December…

Our monthly discussion is coming up. Join us on December 7th to discuss how to fund a basic income. Meet us at SFU Harbour Ctr, Rm 2235 at 7:30 and share your thoughts.

The topic we agreed we would discuss is “how Basic Income can be funded in Canada” using this paper as a starting point
http://wer.worldeconomicsassociation.org/files/WEA-WER-5-Periera.pdf

Share other research and thoughts that should be part of this conversation. #basicincomevancouver

wer.worldeconomicsassociation.org