Basic Income Fad – IOTW Report

Basic Income Fad

Canada is but the latest country to catch the fevered dream of ending poverty by giving everyone a monthly allowance, regardless of whether a person is actually doing anything productive or not.

maxresdefault

Finland expects to have a basic income plan in operation next year. They justify the policy by claiming a simple monthly payment will do away with all the social welfare programs.

The Dutch city of Utrecht is going to implement their own guaranteed “equal capital grant…no questions asked.”

Canada

Finland

Netherlands

I’m not an economist, but isn’t just giving everyone money unconditionally highly inflationary?

8 Comments on Basic Income Fad

  1. We have it, too. We, disingenuously, call it the “safety net” or some other euphemism. WIC, EBT, Welfare, Assistance, Unemployment, Whatever … it pays more to be a parasite than it does to work.

    And considering that our entire economy is a farce, that ain’t such a bad thing.

Comments are closed.