A decent standard of living
I make an effort to greet the receptionist on my visits to the med center, but it is not necessary because I enter my name on a screen to let my therapist know I am there for my therapy session.
That simple action is symbolic of an impending economic problem. Jobs.
Bad enough that technology has made some jobs beyond the skill or training level of many. AI, automated intelligence like voice recognition has eliminated simpler tasks like receptionist.
So, serious economists are looking into the concept of UBI, Universal Basic Income as a possible remedy for the upcoming jobs problem.
A university in Germany is starting a program involving selecting 250 unemployed individuals to subsidize for three years with money from private donors. This comes as Finland is ending their two-year similar project with 2,000 unemployed with financing from public funds.
And in the Ukraine, two cities, Paviograd and Podolskoe, are setting up similar basic income programs with public and private financing in an effort to ensure a decent standard of living for their citizens.
Here in the good old U.S., there many of the mindset who feel this kind of handout will inevitably wind up as a welfare trap. So it will be as Winston Churchill said of us: “You can trust Americans to do the right thing, after they have tried everything else.”
Right now our government gives handouts to the top 1 percent.
– Ray Hollmann, Fairview Heights