Finland is giving 2,000 citizens a guaranteed income (poorly researched CNN story)

[rahtruelies]

Finland has started a radical experiment: It's giving 2,000 citizens a guaranteed income, with funds that keep flowing whether participants work or not.
The program, which kicks off this month, is one of the first efforts to test a "universal basic income." Participants will receive €560 ($587) a month -- money that is guaranteed regardless of income, wealth or employment status.


The idea is that a universal income offers workers greater security, especially as technological advances reduce the need for human labor. It will also allow unemployed people to pick up odd jobs without losing their benefits..............................................

Finland basic income: 2,000 citizens getting guaranteed income of $587/month

CNN seems to be unaware that the USA under Nixon tried this almost 50 years ago. Result- a significant drop off in work force participation and a devastating impact on marriage. All in all a factory for producing the next generation of the urban underclass.

 

[EverCurious]

They tried that in Canada as well, I believe they went for a year though it was a video I watched so I can't see it in my head very clearly. ~shrug~

 

[PurpleOwl]

nixon tried this? what the hell are you babbling about?

 

[Fenton Lum]

The only instances in which americans will accept any hint of "socialism" [shudder] are those which enrich the substantial people.

 

[PurpleOwl]

The only instances in which americans will accept any hint of "socialism" [shudder] are those which enrich the substantial people.

If they could have socialism for white people only it would be done tomorrow

 

[EverCurious]

I'm fairly certain it was a joint project with Canada - but again my brain image is fuzzy.

I know the US did a bunch of stuff with Negative Income Tax which is often put in with mincome debates. They also like to include the Alaska PFD as mincome, but that's not why we get it so I suspect those conflating the various issues aren't all on the same pages.

 

[Penelope]

Try, have some coffee, get over your hangover.

 

[rahtruelies]

nixon tried this? what the hell are you babbling about?

No babble sport- simple fact.