Tags: Coronavirus | Media Bias | seed | imcome | cnbc

Free Income Grows Government, Not the Economy

Free Income Grows Government, Not the Economy
(Justin Sullivan/Getty Images) 

By with Michael R. Shannon Tuesday, 14 July 2020 04:15 PM Current | Bio | Archive

A nation could indeed be on its last legs when networks designed to cover business and finance start hiring reporters who willingly embrace socialism and big government in their coverage.

CNBC provides us with just such an example. Under the headline, "This City is Giving Residents $500 per Month. Some Hope it Can Become a National Plan," reporter Lorie Konish writes a glowing endorsement of the government giving away money.

Her story includes quotes from people spending the money, people who give away the money, and politicians who support the program. No wonder the resulting article was so positive. But we wonder why she couldn’t have included a single quote from a representative of the other side?

Is it because the idea someone might be opposed to the idea of a government seed project for socialism never occurred to her? Or the thought of giving the opposition a forum didn’t fit her definition of journalistic balance?

Take it from us, there is another side. What the Universal Basic Income program does is instantly create a dependent class of voters who will be a reliable vote for big government as long as they are alive and collecting checks.

The recipients of the money, those paid to give the money away and the politicians who reap the votes from those on the dole constitute an iron triangle that will continue unchecked until the last taxpayer gives up the ghost.

The city in question is Stockton and of course it’s in California.

The giveaway program is called SEED: Stockton Economic Empowerment Demonstration. "The program set out to give 125 city residents $500 per month for 18 months."

Naturally, since it’s a government giveaway, bureaucrats found a way to extend the length of the free moneyfest. Now the good times roll for 24 months due to the China flu.

Ostensibly "SEED began sending $500 per month to 125 randomly selected residents." Something tells us these residents were no more random than the participants in the Miss America contest.

The "CNBS" (CNBC) puff piece interviews a part-time UPS supervisor who is receiving the money, the bureaucrats doling out the dough and the politician who came up with the idea of giving away OPM (other people’s money).

That’s why none of these morally upright, Puritan dollars are spent on lottery tickets, booze, cigarettes or plastic straws. And the Sunday School teacher getting the money personifies fiscal probity.

What’s left out if the program goes nationwide — which supporters fervently wish — is, who pays for it? How much money each month is enough? And how many more illegal immigratns will it be necessary to import to take the jobs that are suddenly not worth the trouble when Uncle Sam is paying you to do nothing?

The central idea here is socialism and we need it because the U.S. is such a heartless society.

Two quotes from Sukhi Samra, SEED director, make our point for us. "I think the crux of most of our issues in Stockton are poverty and systemic universal poverty. Covid-19 has illustrated what we already intuitively knew to be true. The economy just isn’t working for most working class Americans."

And, "There is no racial justice without economic justice. It’s a key policy moment right now for guaranteed income."

A "policy moment" eagerly helped along by economically illiterate leftists with a press pass.

Michael Reagan, the eldest son of President Reagan, is a Newsmax TV analyst. A syndicated columnist and author, he chairs The Reagan Legacy Foundation. Michael is an in-demand speaker with Premiere speaker’s bureau. Read Michael Reagan's Reports — More Here.

Michael R. Shannon is a commentator, researcher for the League of American Voters, and an award-winning political and advertising consultant with nationwide and international experience. He is author of "Conservative Christian’s Guidebook for Living in Secular Times (Now with added humor!)". Read Michael Shannon's Reports — More Here.

© Mike Reagan

How many more illegal immigrants will it be necessary to import to take the jobs that are suddenly not worth the trouble when Uncle Sam is paying you to do nothing?
seed, imcome, cnbc
Tuesday, 14 July 2020 04:15 PM
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