The Los Angeles City Council on Tuesday gave the green light to guarantee taxpayer-funded income of up to $1,000 per month for 12 months for 3,200 Los Angeles families living in poverty. Online applications for The BIG:LEAP, or Basic Income Guaranteed: Los Angeles Economic Assistance Pilot program will begin on Friday for 10 days, and recipients…
Los Angeles to Pay $1,000 a Month to 3,000 Low-Income Families as Part of Guaranteed Basic Income Program
October 27, 2021
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Curren Priceguaranteed basic incomeLocal NewsLos AngelesLos Angeles city councillow incomepovertyRegional-Local NewsSouthern CaliforniaUSUS News
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Colombians Blame CCP Virus Lockdowns for Surge in Crime and Poverty
Residents in Bogotá, Colombia, have expressed fear and anger over a rise in violent crime that followed on the heels of pandemic restrictions, which caused inflated poverty and unemployment rates beginning in March 2020. “It doesn’t feel safe anymore,” Camila Garcia, 23, told The Epoch Times. “My family lives in Rosales [in Bogotá]. It was…
Canada Child Benefit Helps the Middle Class More Than Low-Income Families: Report
The federal government’s claim of reducing child poverty substantially through its Canada Child Benefit (CCB) doesn’t seem to hold water, a new report suggests. Empirical testing of the claim reveals the cash benefit “skews” toward the middle class rather than helping families mired deeper in poverty, according to the study, “Does the Canada Child Benefit (CCB) Actually…
Argentines Speak Out Amid Dire Economic Struggles
Argentines are growing increasingly frustrated with inflation, soaring poverty, and unemployment rates in their country, which stem from the government’s socialist economic policies. “Our situation wasn’t good even before the pandemic. My family can barely afford basic things. Inflation has been out of control for years. One of our neighbors asked my father to borrow…
In Bolivia, Coca Farmers Find Exploitation Replaces Abuse
A coca farmer in Bolivia lives in poverty, while others reap wealth from the crop he grows. He and his family earlier suffered persecution at the hands of the police, which, with the election of the socialists, was replaced by what he regards as exploitation by the government. Agustin Calichu, 60, has been working as…
China’s White Paper on Poverty Alleviation Triggers Doubts About the Real Situation
On Sept. 28, the Chinese regime issued a white paper on poverty elimination in China, claiming that Party leader Xi Jinping, “has personally planned, led, and endeavored to build a moderately prosperous society.” The document followed Xi’s public announcements in February and July proclaiming that China has achieved “a complete victory” to end rural poverty…
Household Income of Americans Fell in 2020 for First Time Since 2011: Census Bureau
September 15, 2021
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Business & EconomyCOVID-19 pandemicEconomieseconomyhousehold incomepovertyunemployment benefitsUSUS News
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The household income of Americans fell last year as COVID-19-related lockdowns wrought havoc on the economy, according to new figures from the Census Bureau. The median household income was $67,521 in 2020, a decrease of 2.9 percent from the 2019 median of $69,560 and the first significant decline since 2011, the Census said in its findings published Sept….
Make Money to Cure Mother’s Illness: 14-Year-Old China Gold Medallist’s Wish
China’s youngest gold medallist told the press her motivation to win was simple—to make “a lot of money” to cure her mother’s illness. The young lady’s drive to help her family casts a spotlight on the dismal economic conditions faced by many Chinese citizens today. “My mom is ill… I don’t know what illness she…
14-Year-Old Chinese Gold Medallist Hopes To Raise Enough Money to Cure Mother’s Illness
China’s youngest gold medallist told the press her motivation to win was simple: to make “a lot of money” to cure her mother’s illness. The young lady’s drive to help her family casts a spotlight on the dismal economic conditions faced by many Chinese citizens today. “My mom is ill… I don’t know what illness…
14-Year-Old Chinese Gold Medalist Hopes To Raise Enough Money to Cure Mother’s Illness
China’s youngest gold medalist told the press her motivation to win was simple: to make “a lot of money” to cure her mother’s illness. The young lady’s drive to help her family casts a spotlight on the dismal economic conditions faced by many Chinese citizens today. “My mom is ill… I don’t know what illness…
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