Progressive Gazette
June 5, 2014
This idea, being pushed forcefully by groups like US Uncut and the After Party, is not new.
It has been pushed by reactionary Republicans as a way to destroy Social Security and Medicare, and in earlier times as the core of the quasi-fascist Social Credit movement.
Basic Income is an admission of defeat – it amounts to quitting the fight for a fair economy, and begging our daily bread from Wall Street, whose money is made by looting the real economy.
It makes leftists look ridiculous, it provides an excuse to destroy the remnants of the New Deal, and it does nothing to take control of our economic future.
Read more at: http://againstausterity.org/blog/basic-income-trap
