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JaneQPublic

(7,113 posts)

12. Not a new idea. McGovern promised $1,000 basic income in 1972.

Reply to Jose Garcia (Original post)

Mon Sep 18, 2017, 02:50 PM

Sep 2017

They called it "a "demogrant" program that would replace the personal income tax exemption with a $1,000 tax credit as a minimum-income floor for every citizen in America,[17] to replace the welfare bureaucracy and complicated maze of existing public-assistance programs."

https://en.wikipedia.org/wiki/George_McGovern_presidential_campaign,_1972

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16 replies

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Biden rejects universal basic income idea popular in Silicon Valley [View all] Jose Garcia Sep 2017 OP

All depends what your definition of work is. harun Sep 2017 #1

But he needs to consider reality of new tech and type of jobs available JI7 Sep 2017 #2

+1 meadowlander Sep 2017 #11

I am hoping that Uncle Joe runs in 2020 Gothmog Sep 2017 #3

I am not a Joe Biden fan, but I suspect he will try to make a run in 2020 if he is able still_one Sep 2017 #8

I don't think a 77-year-old could be elected President. LudwigPastorius Sep 2017 #13

I don't either, and at 60, I'm not exactly a millenial. N/t TexasBushwhacker Sep 2017 #16

I love Joe Biden, but he is behind the curve on this one VMA131Marine Sep 2017 #4

But not even that though Blue_Adept Sep 2017 #6

And kids should just pay for college with a summer job Blue_Adept Sep 2017 #5

Agreed tymorial Sep 2017 #9

What Biden is saying is creating enough available jobs is the answer, not a universal still_one Sep 2017 #7

yes well the problem is that the world is moving in the opposite direction Voltaire2 Sep 2017 #14

It doesn't have to be one or the other. meadowlander Sep 2017 #10

Not a new idea. McGovern promised $1,000 basic income in 1972. JaneQPublic Sep 2017 #12

How'd that work out? brooklynite Sep 2017 #15