United Front Against Austerity
June 5, 2014
What's with all the talk of a "Basic Income" that would guarantee every American a monthly check?
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