Nice to have company

LETTER

John Darkin (March 9 letter) is among a growing number of thinkers around the world realising that some kind of guaranteed or universal basic income (UBI) will have to be the norm before long. Even Gareth Morgan’s party is advocating it, but confesses lack of financial ideas to implement it. For us Social Crediters, though, it’s nice to have company at long last — a UBI having been our policy since our first election campaign in 1954.

One source of funds for UBI should be a tiny tax on financial transactions, instead of the GST — so putting most of the costs on the money speculators.

In the mid-1980s party leader Garry Knapp (former MP for East Coast Bays) invited Nasa scientist Dr James Albus as key-note speaker at our conference. Albus, a specialist in artificial intelligence, warned us robotic manufacture would increase rapidly, catching our political planners unawares. He has been proved right. But his message was to welcome this development, as long as ownership was not confined to a wealthy few. The income “earned” by robots must benefit all while the extra leisure afforded should be welcome. A shame our academics are so coy about debating such a vital subject.

Heather Marion Smith

John Darkin (March 9 letter) is among a growing number of thinkers around the world realising that some kind of guaranteed or universal basic income (UBI) will have to be the norm before long. Even Gareth Morgan’s party is advocating it, but confesses lack of financial ideas to implement it. For us Social Crediters, though, it’s nice to have company at long last — a UBI having been our policy since our first election campaign in 1954.

One source of funds for UBI should be a tiny tax on financial transactions, instead of the GST — so putting most of the costs on the money speculators.

In the mid-1980s party leader Garry Knapp (former MP for East Coast Bays) invited Nasa scientist Dr James Albus as key-note speaker at our conference. Albus, a specialist in artificial intelligence, warned us robotic manufacture would increase rapidly, catching our political planners unawares. He has been proved right. But his message was to welcome this development, as long as ownership was not confined to a wealthy few. The income “earned” by robots must benefit all while the extra leisure afforded should be welcome. A shame our academics are so coy about debating such a vital subject.

Heather Marion Smith

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lloyd gretton - 5 months ago
Social Creditors have been shown to be right again and again since their establishment in the 1920s under Douglas - who was an engineer, with that profession's logical problem-solving. Unfortunately they have been identified with eccentricity, a common characteristic of advanced thinkers. Also with anti-Semitism, with claims Jewish families own most of the banks and media.

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