Tag Archives: basic

Stimulus checks are opening the door to universal basic income

Billionaire bond investor Jeffrey Gundlach believes stimulus checks are distorting the labor market. The founder and CEO of $135 billion DoubleLine Capital added his thoughts to a vigorous debate over the brewing labor shortage that’s causing a mismatch between surging demand, and companies desperate to hire.  “We have this strange thing of 8 million job openings, and everywhere you go…people are saying, ‘I can’t fill them. No one will take them,'” Gundlach told Yahoo Finance in an… Source link

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Biden aide calls child tax credit expansion a ‘basic benefit’ as Democrats begin push to make it permanent

When the coming $1.9 trillion relief package becomes law, Americans will be eagerly awaiting their $1,400 checks. But White House officials have made it clear this week they are just as focused on another provision in the massive bill which – they hope – may prove to be a more durable expansion of the government’s social safety net. The child tax credit is set to more than double, with families starting to get checks in July. It is “a way of getting at that basic benefit for every… Source link

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Google TV will include a new ‘Basic’ mode to make your smart TV, dumb

Google TV, the search giant’s latest attempt at TV software, will include a new “Basic TV” mode that strips out a TV’s smart features in favor of providing simple access to live TV and HDMI inputs, 9to5Google reports. It’s a potential boon to anyone that ever wanted to dumb-down their smart TV because they prefer an external streamer or because they value privacy. Google TV debuted on the new Chromecast, where it offered a new interface built on Google’s existing Android TV… Source link

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Andrew Yang kicks off NYC mayoral campaign with $2,000-$5,000 universal basic income proposal

Former Democratic presidential candidate Andrew Yang made his first appearance as a New York City mayoral candidate on Thursday, proposing a basic income program for the city’s poorest. “We will launch the largest basic income program in the history of the country,” Yang stated. “We will lift hundreds of thousands of New Yorkers out of extreme poverty, putting cash relief directly into the hands of the families who desperately need help right now.” Yang’s plan, a modified version… Source link

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