Time For Universal Basic Income Has Arrived

The only known way to contain the virus is through large scale (read: total) social distancing. Basically, the global population needs to take two months off. That will be two months of substantially lower economic activity. Most people work in jobs where if you don't show up for work, you don't get paid. Most people do not have enough savings that they could simply go on living for two months without working.

And you can't inject cash one place, and expect it to work. Say, you do see the light and inject cash in China. But if you don't do the same in the US, China is not going to see the demand it needs. The solution can not be this or that country, or a few countries. The only real solution is global. This is not just about every country, this is about every human being.

And if there is delay, it is not going to work. The cash injection, to work, has to be immediate. People need cash now, not two months from now. If the world waits two months, the damage will already have been done. People will not have jobs to go back to. A massive slump in demand over a two month period will have had lasting damaging effects already. And then you will not only have people who don't have cash to buy basic necessities, you will also have companies that have gone belly up, and can not hire back all those who had no choice but to stay home.

Inject. Cash. Now.

It has to be $100 per month per person over at least three months. That has to be the floor. And it can go up for countries where the purchasing power of that $100 is not enough to sustain. For example, in the US that could be $1,000.

No one country could do this alone. All countries have to do this together. This immediate injection of cash is the least expensive way to deal with the global economic downturn.

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The Most Responsible Head Of State On The Planet

Time For Universal Basic Income Has Arrived https://t.co/UMsQeAy4S6 @AndrewYang @scottsantens @AOC @justicedems @sunrisemvmt @BernieSanders @JoeBiden @realDonaldTrump @WhiteHouse @VP #CoronavirusOutbreak #coronapocolypse #coronaviruskenya #CoronaVirusGhana #LockdownCanada

— Paramendra Kumar Bhagat (@paramendra) March 16, 2020

I fear for all those who will suffer due to our collective delusion as a society that the assurance of our survival is something to fight against instead of widely embrace. We have to get UBI in place immediately and do everything else we need to do too. We can't fail to do this.

— Scott Santens🧢 (@scottsantens) March 15, 2020

The problem is not today (though today is not great). It’s 2 weeks from now. 4 weeks from now. 8 weeks from now. 12 weeks from now. Think about the situations millions of families on the financial precipice will be in at each point in time unless something big is done.

— Andrew Yang🧢 (@AndrewYang) March 16, 2020

Hong Kong and Switzerland have comparable population sizes. HK is a train ride away from Wuhan, Switzerland only recorded its first case two weeks ago today. Cases: HK, 149. Switzerland, 2217. Let that be a lesson to Europe. We all must do more. https://t.co/H7KdDRVjVF

— Jessica Klingelfuss (@jessklingelfuss) March 16, 2020

Dow falls 2,200 points, trading halted, as rate cut fails to calm markets Wall Street plunged again on Monday despite emergency action from the Federal Reserve to give the economy a jolt. https://t.co/jpUdMxiac1 #USRC pic.twitter.com/tX2NCdWbLT

— Top U.S. & World News🗽 (@USRealityCheck) March 16, 2020

Most airlines could be bankrupt by May. Governments will have to help https://t.co/P6YXWCCX8v

— swissbusiness (@swissbusiness) March 16, 2020

This has gone way past ridiculous, it has gone into insanity. - https://t.co/dLhxpUG6uM via

— David (@davidthomas38) March 16, 2020

Why is Spain having this issue? Because #COVIDー19 overwhelms hospitals in a way that the flu does not. Dr. Fauci said 15-20% of people who contract #coronavirus get so sick they require hospitalization. That’s a shocking amount.

This is why we need to do social distancing NOW. https://t.co/L2hP9JzYUU

— Ted Lieu (@tedlieu) March 16, 2020

Community Alert:

More measures taken to prevent the spread of the Coronavirus in NYS. #staysafe #checkonelderly pic.twitter.com/LmMj3ptWvb

— Haile Rivera - Activist Running for City Council (@HaileRiveraNYC) March 16, 2020

The problem is not today (though today is not great). It’s 2 weeks from now. 4 weeks from now. 8 weeks from now. 12 weeks from now. Think about the situations millions of families on the financial precipice will be in at each point in time unless something big is done.

— Andrew Yang🧢 (@AndrewYang) March 16, 2020

Time For Universal Basic Income Has Arrived https://t.co/UMsQeAy4S6 #UBI #UniversalBasicIncome #FreedomDividend @UbiJustin @UbiGabe @ubi_australia @universalbasic @iiSupportUBi420 @universalbasic2 @rBasicIncome @basicincomeEU @BasicIncomeOrg @basicincome_uk @BasicIncomeIRL

— Paramendra Kumar Bhagat (@paramendra) March 16, 2020

Police in Madrid used drones to broadcast audio messages asking the public to stay at home, as restrictions on movement were enforced. The country ordered its 47 million citizens to stay indoors except for necessary outings, like buying food and medicine. https://t.co/V1hsc0EIQ1 pic.twitter.com/YkGnf6ZrK0

— ABC News (@ABC) March 16, 2020

COVID-19 in S Korea update (change in 24 hours):

- 8,236 cases (+74), 75 deaths (+0) <- GOOD
- 7,024 under quarantine (-229), 1,137 discharged (+303) <- FANTASTIC
- 274,504 tests conducted (+6,292), 14,971 pending result (-1,301)https://t.co/EH273rJdfl

— T.K. of AAK! (@AskAKorean) March 16, 2020

Hospitals across the US are canceling procedures to make room for a potential surge of coronavirus patients https://t.co/DjjEBfi536

— Business Insider (@businessinsider) March 16, 2020

NEW: US Supreme Court says it will delay oral arguments in light of the coronavirus outbreak; first time the court has disrupted its own operations since the Spanish Flu epidemic of 1918. https://t.co/CcqnrZeVs9

— MSNBC (@MSNBC) March 16, 2020

"...life without a break.”

― Jean-Paul Sartre, No Exit

The closest that life, and the whole wide world, is taking a break is now - the Coronas break!

— Happymon Jacob (@HappymonJacob) March 16, 2020

The Killers' Brandon Flowers washes his hands as he sings to "Mr. Brightside." The CDC recommends washing your hands for at least 20 seconds – an effective way of preventing the spread of the coronavirus. https://t.co/izTgftgf5i pic.twitter.com/kZfvmSdLxA

— CBS News (@CBSNews) March 16, 2020

BREAKING: The City of San Francisco has been put on lockdown. Residents REQUIRED to stay home (unless they need something essential).

— Mike Elgan (@MikeElgan) March 16, 2020