By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Will a guaranteed basic income replace welfare?
2ff2e26929f1d7edf13c01658b2e2014e420001b3ec703d3f6d4db22ce0b1f20
According to Vox's Dylan Matthews, who highlighted basic income proposals on May 1 as part of International Worker's Day, the idea of providing a minimum sum of money to all citizens could work to not only minimize poverty, but close or weaken the widening gap of income inequality. - photo by JJ Feinauer
The efficiency of the American welfare state is no minor issue of debate. Each year, the president and Congress negotiate the best ways to distribute funds in the federal budget, and each year there are those who call for major reforms to the social safety net, from both the left and the right. Some, typically from the conservatives in Congress, call for reduced spending on welfare initiatives, while others, typically the liberals, call for increases and expansions.

But are there any policies that meet in the middle? Replacing current welfare programs with a guaranteed basic income for all citizens is one idea that pops up now and again, precisely because it has supporters on both sides.

According to Vox's Dylan Matthews, who highlighted basic income proposals on May 1 as part of International Worker's Day, the idea of providing a minimum sum of money to all citizens could work to not only minimize poverty, but close or weaken the widening gap of income inequality.

So what, exactly, is a minimum income? According to the Basic Income Earth Network, "A basic income is an income unconditionally granted to all on an individual basis, without means test or work requirement." BIEN explains that basic income differs from more common welfare programs because it pays the individual, not the household, and it is unconditional.

According to Matthews, fears that providing a basic income would eliminate incentives to work and throw the budget out of whack may be reasonable, but there is evidence (through some small-scale experiments) that it would have little noticeable impact on these factors.

"The scale is likely to be modest," he wrote, "and the form that reduction in work effort takes could very well be good for the economy in the long run."

One of the strangest aspects of basic income proposals, which Matthews handles at length, is that there is substantial support for it from both ideological extremes.

On the conservative side, for example, libertarian political philosopher Matt Zwolinski joined the likes of economists Milton Friedman and John Kenneth Galbraith when he argued last year that such a policy could potentially simplify the current federal bureaucracy, lower costs and provide greater protections to individual privacy.

"In Libertarian Utopia, we might not have any welfare state all, no matter how limited or efficient," he argued. But, he continued, "the question is not whether a GBI is a perfectly libertarian policy in every way, but whether it is more libertarian than the other realistically available policy alternatives."

On the liberal side, many have noted that Martin Luther King Jr. advocated for similar measures, as did philosopher Bertrand Russell. "In a GBI (guaranteed basic income) world, an employer has to make work somehow appealing enough to get employees even though everyone's guaranteed a basic minimum whether they work or not," Matthew Yglesias wrote in Slate in 2013 (Yglesias is now an editor at Vox).

"But that 'appealing' factor could be high wages, could be valuable skills and training, could just be a pleasant work atmosphere," Yglesias added. "Or (it) could be some combination of the three."

Though there have been proposals in the past for some form of a basic income, most notably from the Nixon administration, most pundits, including Matthews, aren't optimistic that such a major change to the American welfare system could come any time soon. Still, they argue, it's at least worth a look.
Sign up for our E-Newsletters
Record April boosts Savannah's container trade at port
GardenCityTerminal
The Port of Savannah moved 356,700 20-foot equivalent container units in April, an increase of 7.1 percent. - photo by Provided

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million 20-foot equivalent container units (TEUs), an increase of 8.8 percent, or 280,000 TEUs, compared to the first 10 months of fiscal 2017.

"We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of Savannah to handle more than 4 million TEUs."

April volumes reached 356,700 20-foot equivalent container units, up 7.1 percent or 23,700 units. As the fastest growing containerport in the nation, the Port of Savannah has achieved a compound annual growth rate of more than 5 percent a year over the past decade.

"As reported in the recent economic impact study by UGA's Terry College of Business, trade through Georgia's deepwater ports translates into jobs, higher incomes and greater productivity," said GPA Board Chairman Jimmy Allgood. "In every region of Georgia, employers rely on the ports of Savannah and Brunswick to help them become more competitive on the global stage."

To strengthen the Port of Savannah's ability to support the state's future economic growth, the GPA Board approved $66 million in terminal upgrades, including $24 million for the purchase of 10 additional rubber-tired gantry cranes.  

"The authority is committed to building additional capacity ahead of demand to ensure the Port of Savannah remains a trusted link in the supply chain serving Georgia and the Southeast," Lynch said.

The crane purchase will bring the fleet at Garden City Terminal to 156 RTGs. The new cranes will support three new container rows, which the board approved in March. The additional container rows will increase annual capacity at the Port of Savannah by 150,000 TEUs.

The RTGs will work over stacks that are five containers high and six deep, with a truck lane running alongside the stacks. Capable of running on electricity, the cranes will have a lift capacity of 50 metric tons.

The cranes will arrive in two batches of five in the first and second quarters of calendar year 2019.

 Also at Monday's meeting, the GPA Board elected its officers, with Jimmy Allgood as chairman, Will McKnight taking the position of vice chairman and Joel Wooten elected as the next secretary/treasurer.

For more information, visit gaports.com, or contact GPA Senior Director of Corporate Communications Robert Morris at (912) 964-3855 or rmorris@gaports.com.

Latest Obituaries