CHARLES: LET'S TALK FREE MONEY.
THE NOTION THAT THE GOVERNMENT
SHOULD PROVIDE A BASIC INCOME
GOES BACK CENTURIES.
THEN IT WAS THOMAS PAYNE WHO
WROTE SOMETHING ABOUT IT.
HE CALLED IT AT CITIZENS
DIVIDEND.
EVEN CONSERVATIVE ECONOMISTS
LIKE MILTON FREEDMAN THOUGHT THE
IDEA HAS MERIT.
DATE MANY CHAMPIONS BY ELON MUSK
AND ON THER TECH TITANS.
IN STOCKTON, CALIFORNIA, THEY
ARE GOING TO GIVE FOLKS $500 IN
BASIC INCOME.
WE ARE IN THE MIDST OF A
TECHNOLOGY BOOK THAT'S TAKING A
LOT OF JOBS, AND SOME THINK
THERE IS A PLACE FOR NEW DEAL
FOR THOSE PEOPLE DISPLACED BY
ARTIFICIAL INTELLIGENCE.
BUT PEOPLE NEED TO WORK FOR A
NUMBER OF REASONS.
STOCKTON'S UNEMPLOYMENT IS 6.6%.
20% OF THE ADULTS DON'T HAVE A
HIGH SCHOOL DIPLOMA AND MANY
CAN'T SPEAK ENGLISH.
ALSO GIVE THEM SKILLS AND
INSTILL A SENSE OF PRIDE.
THAT'S TO ME IS A UNIVERSAL GOAL
THAT'S MORE ENRICHING THAN A
HANDOUT.
FAMILY BRUCE AND KATIE FRATES.
COMPLETE LET ME START WITH YOU,
PETER.
I HAVE WRITTEN EXTENSIVELY ABOUT
THIS.
WHAT ARE YOUR THOUGHTS ON THIS.
THIS BOOMING IDEA, UNIVERSAL
BASIC INCOME.
>> I DON'T AGREE WITH IT.
I THINK IT MAKES NO SENSE.
I THINK WHAT WE SHOULD BE DOING
IS WE SHOULD TAKE THE MONEY WE
ARE SPENDING ON WELFARE AND
POVERTY PROGRAM AND TAKE THAT
MONEY AND CONCERT IT INTO JOBS
IN THE PRIVATE SECTOR WHERE
POSSIBLE, AND THE PUBLIC SECTOR
IF THERE AREN'T ENOUGH.
SO YOU HAVE PEOPLE WORKING, NOT
STAYING HOME AND GETTING A
CHECK.
PEOPLE WANT TO WORK.
IN THE EARLY 1960s, POPE JOHN
PAUL II SAID IF YOU TAKE WORK
AWAY FROM A MAN YOU DENY HIM HIS
SPIRITUALITY.
I BELIEVE THAT.
YES THERE ARE A FEW BUMS OUT
THERE, BUT ALMOST EVERYONE WANTS
TO WORK.
WHY DON'T WE USE THE MONEY TO
HAVE THEM WORK.
>> THERE ARE A LOST WORKING POOR
IN THIS COUNTRY.
SO WHY NOT LET THEM BUFFER THEIR
PAYCHECK.
THERE ARE FOLKS ON BOTH SIDES OF
THE AISLE THAT THINK THAT MIGHT
BE THE RIGHT IDEA.
>> I'M INTERESTED TO SEE WHEN
THESE STUDIES ARE OUT.
WHY A SUE TOPIA WON'T BE
POSSIBLE AND IF YOU ARE GIVEN
SOMETHING QUOTE-UNQUOTE FOR
FREE, IT'S STILL COMING FROM
SOMEWHERE.
IT DOES NOT INCENTIVIZE YOU TO
DO MORE.
IT ESSENTIALLY ALLOWS YOU TO
STAY AND BE
IT ESSENTIALLY ALLOWS YOU TO
STAY AND BE SLOTHFUL.
CHARLES: I REMEMBER FDR'S FOUR
FREEDOMS.
ONE THAT EASE BOTHERED ME WAS
THE FREEDOM FROM WANT.
THEY TRIED THIS LAST YEAR IN
FINLAND.
THE PROGRAM WAS A MISERABLE
FAILURE.
THEY ARE CONVINCED INCLUDING THE
BRILLIANT BILLIONAIRESTH SILICON
VALLEY THAT SOMEHOW THIS WILL
CREATE A YOU TOAFTER OF SORTS.
TAMMY: THESE INDIVIDUALS
ACCOMPLISHED A LOT.
BUT THEY VIEW SOCIETY IN A
DIFFERENT WAY.
THIS IS SPRINKLING THE RU BERKS
WITH A LITTLE BIT OF MONEY.
IT'S LIBERAL CITIES LIKE
STOCKTON WHERE THEY HAVE A HIGH
POVERTY RATE.
WITH THE FAILURE OF THEIR
POLICIES.
OBVIOUSLY AS WE DISCUSSED, THIS
DESTROYS THE HUMAN SENSE OF
SELF.
IT'S A SENSE OF ENTITLEMENT, BUT
MOST OF PEOPLE UNDERSTAND AND
ALSO WHEN IT COMES TO GETTING
SOMETHING FOR FREE YOU DON'T
TAKE IT AS SERIOUSLY.
IT'S NOTING A YOU WORKED FOR
THAT YOU OWN.
BUT I WORRY THAT GOVERNMENT
WANTS PEOPLE TO BE IN THAT
POSITION EVERYTHING JUST BARELY
MAKING IT ENOUGH SO YOU ARE NOT
WRIEGHT.
BUT YOU HAVE A VOICE.
CHARLES: WE SEE THESE EXTREME
LEVELS OF INCOME INEQUALITY IN
THE MOST OF PROGRESSIVELY RUN
CITIES AND STATES IN THIS
COUNTRY.
TO ME IT PROVES THEIR SCHEMES DO
NOT WORK, AND THEY MAKE THINGS
WORSE.
>> THE WORST THING IS TO KEEP
PEOPLE NOT WORKING.
THERE WAS A BOOK WRITTEN BY ADAM
PERKINS LAST YEAR BY A BRITISH
NEUROBOYOLOGIST.
HE LOOKED -- A NEUROBIOLOGIST.
IT AFFECTS THE BRAIN, IT AFFECTS
HOW PEOPLE THINK, THOUSAND THEY
ABROACH THE WORLD.
IF YOU KEEP PEOPLE JUST
RECEIVING A CHECK-IN STEAD OF
HAVING THEM WORK, AND USING THE
MONEY TO KEEP THEM HOME MAKES NO