Proponents claim Basic Income can be paid by redirecting existing welfare programs, but a quick review reveals this as nonsense. Finland made the news recently by proposing a pilot program of guaranteed income for all, also known as Universal Basic Income: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizens. The goal is two-fold: by providing every household with a minimum income, regardless of what other income the individuals might earn, the program does two things: it provides everyone enough money to get by and it removes the disincentive to work inherent in the conventional welfare model: in … Continue reading Basic Income for Everyone?
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