Saturday, May 26, 2018

End of being Poor

Life, Freedom, & a pathway to Achievement 


There are hundreds of articles about Universal Unconditional Basic Income{UBI} on the Web with just as many opinions, This is my plan. 

Start with the Supplemental Security Income[SSI] program that is used to supplement income for the Handicapped and very poor Social Security recipients. It is not part of Social Security but it is administered by the Social Security Administration. and paid out of Government general revenue.

Everyone 60 or older should automatically be put on the program and the funds should cover both Medicare premiums and enough to buy Supplemental Insurance that covers the 20% that Medicare does not cover. It will not matter if you have already retired and collect Retirement Social Security. The only "Means test" will be your being age 60 or older

Next, you lower the eligibility age every two years until everyone 18 or older has Full care Medicare. Then you keep increasing the pay overtime that will not shock the economy until every person is out of Poverty. My current estimate is that would be around $2000 a month. Everyone [rich or poor] gets it because it is philosophically a Common share Dividend for every citizen's ownership in the National Commonwealth. [The Commonwealth is the total revenue collected by Government to service the needs of the people as specified in the Preamble of the Constitution.}

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