The average rent for a one bedroom apartment is $1,405 a month, or $16,860 a year. Twenty percent (20%) of Americans declared income of less than that last year. America does some of the things needed to compensate for that–food stamps, HUD allowances, etc.–but few would argue we are doing enough.
The nature of work is set to change fairly dramatically over the next few decades, with AI, robotics and other forms of automation quite likely to take on the jobs that people are doing now. And although the care and feeding of these new systems will create new jobs, in all likelihood there will be a permanent net loss of positions, especially for lower income workers.
One of the primary premises of The Green New Deal is “Guaranteeing a job with a family-sustaining wage, adequate family and medical leave, paid vacations, and retirement security to all people of the United States.”
Continue reading “The Green New Deal And A Universal Basic Income”