I would like to align text on the .second paragraph to be bottom-aligned. I have to set margin-top: auto to align the whole element to the bottom, but the text still aligns to the top of that element, and I need a space above .second. flex-basis provides extra space and the min-height that I needed without having a fixed margin. 
How to vertically align text inside a flex-basis item?
.column{
  display: flex;
  flex-direction: column;
}
h1{
  flex-basis: 70px;
}
.second{
  flex-basis: 80px;
  background-color: red;
  margin-top: auto;
}<div class="column">
    <h1>Subscribe</h1>
    <p class="first">Lorem ipsum dolor sit amet, consectetur adipisicing elit. Beatae velit qui natus iure quisquam consequatur debitis saepe sint ex at.</p>
    <p class="second"> eusmod tempor incididunt ut labore et dolore magna aliqua.</p>
</div> 
     
     
    