Money for Nothing Experiments to start

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rubl
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Money for Nothing Experiments to start Sept 5, 2016 23:48:06 GMT 7

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Post by rubl on Sept 5, 2016 23:48:06 GMT 7

Universal Basic Income. Experiments to start in Finland and the Netherlands

"Thousands to Receive Basic Income in Finland
Finland is about to launch an experiment in which a randomly selected group of 2,000–3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The amount is the same as the current guaranteed minimum level of Finnish social security support. The pilot study, running for two years in 2017-2018, aims to assess whether basic income can help reduce poverty, social exclusion, and bureaucracy, while increasing the employment rate."
futurism.com/thousands-to-receive-basic-income-in-finland/

"The Netherlands' Upcoming Money-for-Nothing Experiment
Next year, 250 residents in Utrecht and a few surrounding cities are slated to participate in a government program testing out a universal basic income."
www.theatlantic.com/business/archive/2016/06/netherlands-utrecht-universal-basic-income-experiment/487883/

-- The more I learn the better I understand I know nothing.

Last Edit: Sept 5, 2016 23:48:30 GMT 7 by rubl

Mosha Crazy Mango Extraordinaire Posts: 5,677 Likes: 2,898	Money for Nothing Experiments to start Sept 7, 2016 6:17:03 GMT 7 via Tapatalk Quote Select Post Deselect Post Link to Post Back to Top Post by Mosha on Sept 7, 2016 6:17:03 GMT 7 Where do I sign?
	Regards, Steve "Never argue with an idiot. They will bring you down to their level and beat you with experience."

rubl Crazy Mango Extraordinaire The wondering type Posts: 23,591 Likes: 8,950	Money for Nothing Experiments to start Sept 7, 2016 7:34:32 GMT 7 Mosha likes this Quote Select Post Deselect Post Link to Post Back to Top Post by rubl on Sept 7, 2016 7:34:32 GMT 7 Sept 7, 2016 6:17:03 GMT 7 Mosha said: Where do I sign? Terribly sorry and all that but former EU Brits are excluded from this experiment for the European masses. Mind you you won't have to foot the bill either
	-- The more I learn the better I understand I know nothing.

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Money for Nothing Experiments to start Sept 7, 2016 8:11:36 GMT 7 Mosha likes this

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Post by Deleted on Sept 7, 2016 8:11:36 GMT 7

This form of stimulus should be aimed at pensioners.

If the 10 million pensioners in the UK were given an extra £500 a year, that would create a potential £5 billion pound stimulus for the economy, creating employment for younger people.

Pensioners are already out of the work market, so there's no threat to making "working not worth it." I say potential £5 billion stimulus as some will save the money, not spend it - and there's nothing wrong with that either. It is, literally, cash in the bank.

Interfering with the countries productivity though, by giving "money for nothing," to those of working age is beyond stupid. To clarify, that doesn't mean abolishing social security, it means bastardising the link between work and wealth.

Last Edit: Sept 7, 2016 8:15:20 GMT 7 by Deleted

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Money for Nothing Experiments to start

Post by rubl on Sept 5, 2016 23:48:06 GMT 7

Post by Mosha on Sept 7, 2016 6:17:03 GMT 7

Post by rubl on Sept 7, 2016 7:34:32 GMT 7

Post by Deleted on Sept 7, 2016 8:11:36 GMT 7

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