depression

The Math is Simple: We Need a Living Income Guaranteed

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By Kelly Posey

 

Did the math - we need LIGSo I am going through my college classes, math in particular, so going over things like fractions and rations and linear equations. Being that I am now over 30 and have been living life for a while and not just fresh out of high school, and not still living at home with parents, I have actually practically applied a lot of this math within my day to day living, within things like budgeting mainly. And as I go through the course, this is actually the practical application that is shown for this math – is that it is useful for doing your own personal budgeting and such.


So we have here in this math a really cool and useful tool to be utilized in the distribution of resources and goods to everyone, the things that we need and use on a daily basis in our lives. It has helped me to figure out whether or not I can afford certain things, and just how much I can afford to pay in rent for a place to live for example. The problem comes in however when your numbers just don’t add up to being enough to provide you what you need.


It seems strange that we would allow such problems to exist where individuals can be faced with not having enough to cover all our basic needs, where no matter how you do the math, there is just no solution. You would think that we humans don’t even grasp the simplest of math to see that for so many it doesn’t add up. It’s even stranger still that there are those who would seem to even deny that such a situation exists and would imply that it is simply due to individuals not managing their money properly or living ‘within their means. But there is a bottom line that if your income is below that, you just don’t have enough and no amount of money management is going to solve that.

 

stress-worry-mental-instability-poverty-parental-stress-living-income-guaranteed_thumbInteresting that we are taught this math in school to help us with finances but not really taught that ‘hey- you might end up not actually having enough to pay all your bills though.’ I mean, maybe I would have geared up and gone to college right after high school instead of taking my chances with the ‘real world’ and trying to go straight into getting a job, if I’d had any idea that pretty much the only jobs I would have access to would be those that don’t pay enough. At the time, I was afraid to incur a huge college tuition loan, when I didn’t really even yet know what I wanted to do with my life. But if I had known that in the end I would be no better off than I was 10+ years ago, maybe I would have had a different perspective.
However, even then, it is still a numbers game. Even if you have a degree, it doesn’t necessarily guarantee that you won’t still end up in one of those jobs that doesn’t pay enough. Because over time, those types of jobs have been increasing, and the better paying jobs decreasing. The ones that provide better pay, decent benefits, paid leave, or any leave at all, and maybe some kind of retirement, or even pay raises. When we have heard politicians say they are making more jobs, we should have asked what kind of jobs? Ones that actually will support us? Or treat us as cheap labor?


Our economy is screaming for a Basic Income program like the
Living Income Guaranteed. Just look at the numbers. I see more and more homeless on the streets literally every day. I am approached more and more frequently by individuals asking for some money. I see more and more shops closing and vacant buildings. The signs are all around and I don’t want to wait to see how bad it gets. If we are not going to make sure that we have enough jobs that pay enough, then we need a proper support system to make sure everyone has enough for a decent life.

It only costs us more to try and help individuals once they aren’t being effectively supported by the system. We have so many costly programs that only exist to try and help the problem after it’s already been created, that often still aren’t enough to keep people on their feet. It is much more cost effective to prevent causing problems that need to be cleaned up. The numbers don’t lie so it’s about time we listen to them and make sure that everyone really is in a position to effectively work out a proper budget.

 

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LIG Hangouts with Kelly Posey

 

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The Theory of Economy

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by Viktor Person

supply-and-demand-01-resized-600This summer I had the mixed pleasure of reading a course in Microeconomics and International trade. In microeconomics the primary focus of the researchers is to establish ‘What is the market really doing and why?’ – and this is attempted to be done utilizing mathematical formulas; primarily utilizing the famous graph where two lines cross each-other, the one line sloping downwards (demand) and the other sloping upwards (supply) – and where they meet each other = that’s apparently the optimal price for the product and the optimal quantity of that product in that given market.

What first struck me as being fascinating about these theories was that they seldom predicted how the market would behave in reality, and neither could they be verified with empirical evidence – and most of the time the authors of the my books where busy trying to find reasons and various viewpoints as to why these theories wasn’t working “as they should” – and how they probably did work but it was just that the inventors missed to take into consideration some important factors and variables.

Though, what was the most fascinating about this entire area of research, was how there was this complete worship to the idea that lower prices = higher consumer satisfaction; and that apparently for a market to be functional, what is required is that we produce as many products as possible, to the lowest prices possible, because then the consumers are able to buy as much as possible, and then we’re apparently okay, happy, and have a fruitful existence here on earth.

Obviously, when I looked at these ideas, I silently chuckled – because the logical flaw of this assumption is glaringly simple = the producers are the consumers! YES – that’s the secret of economy and the reason why we’ve got so many unemployed in this day and age is because we’ve failed to understand that when a product is cheaper, someone at the other end gets less money, which in turns means that a (employee) consumer gets less money, which in turns means that the producer gets less customers = and it all ends up in such a way that most lose but a few that manage to reap the monopoly profits of those very low-priced products – because they’ve priced out everyone else.

It’s clear that we have to develop a new way of looking at economics, and that mathematics and statistics isn’t the way to go – no – we actually require to look at the actuality of what is going on. For example, poverty, what is the actuality of poverty? Why does poverty exist to begin with? It’s not a matter of mathematics, rather it’s a matter of seeing what is behind everything in this world – and that is MONEY – money that in itself is a completely innocent creation meant to be but a way of distributing goods and services to where they are required and wanted the most; but in our current system – money has become a point of control – where those that are already rich and on top of things with all possible means make sure the keep those stricken by poverty in place – else we wouldn’t anymore have a functional slave labor force that can produce all of our various gadgets and other mechanics of entertainment.

Thus, what we must ask ourselves, and economists more importantly, is why have we never used our knowledge to produce a sustainable system where all of us are able to create a life that is dignified, cool and enjoyable? What is required for us to do that? MONEY – and what do we need to bring through such money into this world? Resources – so what is then the solution – the real economic master plan as to how to create a world that would be sustainable and practical for all its inhabitants? To agree that we share the resources – at least the basic and most essential resources – those that we MUST HAVE in order to live.

Thus, I stand behind the Living Income Guaranteed – which is a functional, effective and sustainable way of creating a new world for all people where money will be shared – and for those economists that want to make a difference – I suggest that you investigate this concept and bring your knowledge to the table and help to create something from which we can all benefit!

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