Saturday, March 18, 2017

Ontario to "Trial" a Guaranteed Income Plan

Ontario Premier Wynne is introducing a guaranteed income pilot plan, This has already been piloted in Dauphin Manitoba in the 70's before cancellation by a Conservative Government and has already been introduced in some countries with others rapidly coming onstream. While some may reject this as "welfare", it will become common in future due to massive job loss due to automation and the growing inequity between "former" workers and their "former" employers and investors who are benefitting obscenely by pocketing the wage/benefits losses of their laid off workers. This payout in the future will be universally accepted by all as job losses accelerate and this guaranteed income becomes the sole financial support of most citizens. So how is this all paid for? Stay tuned for my next post!

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