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Covid-19 Universal Basic Income 


The globalist post-covid plan is in full swing. The elite behind this plandemic does not waste any time in their effort to continue acquiring nation-states.

The next step is the establishment of something known as a ‘universal basic income’, which would impose the “right” to receive a minimum wage dictated by globalists with the aim of justifying the perpetual state of confinement.

Hundreds of millions of people each day face the dilemma of confining themselves so as not to catch the new coronavirus and slow the advance of the pandemic or go to work to survive and eat. That of course, is a false choice. As the number of cases of COVID continues to rise, despite confinement and in some cases, total lockdowns being in place, establishment “experts” and politicians still resort to those practices to keep people locked up.

The majority, poor in poor countries, informal workers who live daily and do not have a support network if their incomes are lost, they choose the latter. Thus, proponents of UBI say, “it is impossible to bend the contagion curve”, as has been achieved in advanced economies by confining the population.

Right, the curve has been flattened, but the number of cases began to rise a few weeks ago. That means, once again, that confinement or complete lockdowns DO NOT WORK. Wearing masks does not stop the infection, either, but people are still obligated to wear them at their own peril.

Now, a study by the United Nations Development Program (UNDP), proposes that governments in developing nations guarantee a temporary basic income, for the duration of the pandemic, to people in poverty or in serious risk of falling into it. Thus, they say, they can end the dilemma between the possibility of suffering from covid-19 or hunger.

Again, this a false choice. But perhaps, a more important point to be taken into consideration is that, just as developed nations, poor countries are heavily in debt, fighting to stay above water and practically begging the IMF and the World Bank to lend money to sustain crumbling social security and other entitlement programs. This situation opens the door to an even more dangerous dependency: Owing money to the IMF and the World Bank in perpetuity and therefore becoming their financial slaves.

Specifically, the report titled Temporary Basic Income: Protection of Poor and Vulnerable People in Developing Countries, published on Thursday, states that 132 low and middle-income countries must guarantee a basic income for a limited time for almost 3 billion people, almost 40% of the global population.

“This is not a call for donations, it is not aid from the UN Emergency Fund for the poorest nations, but a proposal for the governments of those countries to examine their options to confront the pandemic,” said Achim Steiner, UNDP Administrator in an interview by Zoom.

The expansion of SARS-CoV2 has accelerated in recent weeks, especially in developing countries and emerging economies where rates of informal work, without unemployment benefits or other public aid, are high.

“We need unusual solutions, we have to think differently because the biggest challenge we face right now is that, in the absence of treatment and vaccines, this pandemic will continue to spread,” said Steiner.

The problem is that by trying to contain the infection, governments have destroyed economies and social livelihood. Clearly, in developing countries in particular, where social safety nets are weak or non-existent, between 70% and 80% of people earn a living through the informal sector, so confinement means they have no income.

Temporary basic support is then considered a legitimate option to consider in national strategies. The problem is that social security benefits and unemployment benefits were also thought of as temporary when those programs were created after world war 2. Yet, we still have billions of people hooked to ‘free money’.

Predictions of poverty and job and income loss made two or three months ago came true. According to UN calculations, between 70 and 100 million people are on their way to falling into extreme misery due to the economic crisis triggered by irresponsible government policies that sought to shut down their economies.

The economic decay is now a real problem, so multilateral organizations led by the UN are now urging governments to implement a UBI program as soon as possible. It is the typical problem, reaction, solution strategy.

UNDP researchers have calculated the cost and where it might come from. “It is doable,” says Steiner. “Countries have different poverty lines.”

The UNDP is asking governments to guarantee income to people whose threshold is $ 3.20, each person should earn a minimum of $ 5.50 a day. In case you have no perspective on what that UBI represents in real terms, this amount would not allow people to buy a burger in most developing nations. So, the only result the UNDP proposal guarantees is perpetual extreme poverty.

If the UNDP’s proposal finds open ears in developing nations, countries would take on a cost of $200 billion a month. The option of a uniform aid of $5.50 a day for 2,7 billion people would mean an investment of 465 billion a month. There is no rich nation that could afford that, and certainly not a group of poor nations.

Such resources could come, according to the UNDP, from three sources. “We do not propose additional taxes because this is a temporary measure, which will last six, nine or 12 months, until a vaccine or cure is found. But we are talking about reusing existing resources,” the proposal explains.

One of them is the debt that developing countries pay to their creditors. The G20 has already agreed to a moratorium on debt payment to the 77 poorest countries in the world, but the UN Secretary-General António Guterres has called for the suspension to be extended to all developing countries, including middle-income countries, as well as small island states.

If done, that extended debt suspension would amount to $ 3.1 trillion this year, which is what developing countries would disburse to their borrowers in 2020, UNDP estimates.

An amount that would totally or partially cover – depending on the option – the temporary basic income proposed by the agency in the remainder of the year. Another source, according to the agency, could be to target fossil fuel subsidies to people. This particular measure would, of course, destroy the fossil fuel industry.

Finally, it suggests a kind of self-financing system for aid. “Most cash transfers to the poor or vulnerable go to consumption and have a very strong multiplier effect at the local level. And part of the investment will be recovered through direct or indirect taxes that could, in turn, finance part of the aid itself.

In addition to financing the proposal, there are other challenges, such as administrative ones. How to find and make payments to so many people, many without registering and outside the system? It is in this area that so-called philanthropy has always found the biggest obstacle, with corruption and operational costs taking up to 70% of the money collected to supposedly help the poor.

“We are in an unprecedented situation. You need unprecedented responses. The number of infections and deaths continues to increase exponentially. What we have done so far is not enough,” says the document. This alarmist position is the one commonly activated by globalists when they want people to acquiesce to their proposals, which in reality are political demands: “DO THIS OR EVERYTHING IS GOING TO HELL,” they claim, as people kneel and surrender to their demands.

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About the author: Luis R. Miranda

Luis R. Miranda is an award-winning journalist and the founder & editor of The Real Agenda News. His career spans over 23 years in every form of news media. He writes about environmentalism, education, technology, science, health, immigration and other current affairs. Luis has worked as on-air talent, news reporter, television producer, and news writer.

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