Former President Barack Obama jumped on the liberal bandwagon regarding universal basic income Tuesday; praising the socialist entitlement while delivering a speech in South Africa.
Obama was speaking at the Nelson Mandela Annual Lecture in Johannesburg this week when he praised the principles of a government mandated income; saying it would help alleviate the plights of those unable to find work or unable to feed their families.
“Populist movements, cynically funded by right-wing billionaires worried about their own interests,” Obama said. “These movements tapped the unease that was felt by so many people who live outside of urban course. That their social status and privileges were eroding … threatened by outsiders, those who don’t look like them or sound like them.”
“It’s not just money a job provides,” Obama added. “It provides dignity and structure and a sense of place and a sense of purpose. So we’re going to have to consider new ways of thinking about these problems, like a universal income, review of our work week, how we retrain our young people, how we make everybody an entrepreneur at some level. But we’re going have to worry about economics if we want to get democracy back on track.”
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