Everything’s planned out. Take down the old economic order, then tie UBI to CBDC.
Sunak is being urged to consider the radical idea of a universal basic income to protect Brits from the rocketing cost of living.
285 campaigners, MPs, academics, and mayors signed the petition, including Sadiq Khan, Andy Burnham, and Tracy Brabin.
In May of this year Labour MP and Mayor of Greater Manchester Andy Burnham described Universal Basic Income as “An idea whose time has come”.
Food poverty campaigner Jack Monroe, former Labour Shadow Chancellor John McDonnell, and Green Party MP Caroline Lucas also signed.
A basic income “could be our generation’s NHS,” they write in an open letter to the new PM.
This winter, poverty and inequality will threaten the “very foundations of the UK”, they warned Mr Sunak.
A universal basic income replaces means-tested benefits with a regular flat-rate payment for everyone, regardless of income.
To support young adults leaving care, the Welsh Government announced a three-year £20 million pilot of a basic income.
As part of an initiative by the Cross Party Parliamentary and Local Government, it urges the Tory Government to carry out “substantive pilots” across the UK and establish a taskforce to investigate the issues.
If it’s rolled out nationwide, this would probably examine how it would work in practice and costs.
According to the open letter, a basic income could be “set at a modest level – enough to pay for food, transportation, and utilities”.
“But it would not be enough to prevent struggling households being tipped into poverty when the next crisis hits.”
For the second time in three years, ministers have “had to put money in people’s pockets to prevent disaster” due to the Covid pandemic and the cost-of-living crisis.
“These ad-hoc solutions have been too small, too late, and have come at an extortionate cost to the public purse.”
“The system we have put in place to support fellow citizens is failing us, and we need to try something different”.
Jonny Douglas of the UBI Lab Network said: “The UK has faced an unprecedented series of crises over the past two years.
As the pandemic and the cost-of-living crisis revealed, our households are woefully unprepared for the kind of shocks to the system that are increasing in both frequency and intensity.
“A universal basic income paid to everybody regardless of income, wealth or work, could be part of the solution. It would give everybody a basic level of security, and would stop anyone falling into destitution when the next crisis hits.”
The WEF is a key proponent of a universal basic income. Just as the COVID pandemic was beginning they released an article titled: “Universal basic income is the answer to the inequalities exposed by COVID-19″ in which they forecasted an economic depression.
They wrote: “It is time to add a key element to the policy packages that governments are introducing, Universal Basic Income (UBI). It is needed to get out of this yawning pit.”
And: “A new social contract needs to emerge from this crisis that rebalances the deep inequalities that are prevalent across societies.”
They said that the alternative to not having UBI is more dangerous like rising social unrest, conflict and unmanageable mass migration.