FiveThirtyEight analyses Basic Income

Basic income as a cure to robots replacing everyone's job? Not too reassuring. I go from working and earning a living wage, to not working, collecting a free check from the Govt. that barely keeps me above the poverty line. Hard to get enthusiastic about that. People who own the robots will love basic income. It prevents social unrest.

The main problem with our economy and income equality is in the way Government deals with corporations. Corporations have the right to pay little or no taxes, and no responsibility to employ people or pay a real living wage ($7 hr is not a living wage unless you're a teen who lives at home). Their lowest wage workers are subsidized by things like welfare programs and the Earned Income Tax Credit. People have the EITC all wrong. The EITC is taxpayers paying workers what their employers don't.