Finland plans to give every citizen a basic income of 800 euros a month

This will be interesting to observe. It sounds like there intention is to tackle unemployment by giving the basic assistance of 800 euros to people in order to encourage those unemployed to take low paying jobs, but yet be able to live of those wages.

The Finnish government is currently drawing up plans to introduce a national basic income. A final proposal won’t be presented until November 2016, but if all goes to schedule, Finland will scrap all existing benefits and instead hand out 800 euros per month—to everyone.

qz.com...

Its not all kumbaya

Another serious consideration is that some people may be worse off under the plan. As the proposal hasn’t been published yet, it’s not yet known exactly who will lose out. But those who currently receive housing support or disability benefits could conceivably end up with less under national basic income, since the plan calls for scrapping existing benefits.

Finland constitution requires that everyone gets treated equal, therefore millionaire and up will also get the same benefit.

Finally, the proposal raises the question of whether it’s really fair to give a millionaire the same amount of welfare as someone who’s truly struggling. Finland’s constitution insists that all citizens must be equal

I'm sceptical but will surely hope for there success ,but some how I just see the cost of everything going up to eventually nullify the 800 income fairly quick.

Here is o hoping to prove my scepticism wrong .

a reply to: interupt42

They did this in the US with the poor people and they became so dependent on it that they virtually became slaves.

a reply to: interupt42

Government susidised slaves, encouraging employers to lower wages safe in the knowledge they can pay less.

This will also have an impact on those doing those jobs at the moment who receive a "normal" living wage. The companies will eventually start to release/fire people and replace them with the government subsidised slaves.

Bad idea!

a reply to: starwarsisreal

Yeah, I'm fairly sceptical this will make a positive difference in the long run for those in need of assistance . However, I do hope I'm wrong.

It will be interesting to follow and to see if there is any decline in crime activities as well.

a reply to: interupt42

There will be alot of immigrants heading to Finland..

a reply to: LightSpeedDriver

Government susidised slaves, encouraging employers to lower wages safe in the knowledge they can pay less.

Thats exactly what I was thinking. Its like walmart using the US gov't as benefactor for its employees.

I recall reading an article on how walmart created classes for its employees on how to get money from gov't for benefits such as food stamps , insurance, and financial assistance instead of paying them enough to provide for themselves.

originally posted by: misscurious
a reply to: interupt42

There will be alot of immigrants heading to Finland..

I could be wrong , but I think getting citizenship from Finland is not an easy thing?

"Could this be to secure an aggregate tax base effective for military expansion of Europe whilst tricking the masses?

Why would the government need an effectively higher tax base for purposes other than general welfare?

To find the increased fascism of Europe without the main lever of EURO printing (access to fiat powers), it seems like their only option (FINLAND) AFAIK, if they seek to switch their socialist focus, is via the use of fiscal policy.

Surely if more money is pumped into the economy as such, rather than flowing through housing and health benefits.. costs in general will also adjust having been reverted back to the same effective aggregate as before the 800 dollar give out. Leaving the main effect having been savings wiped away (if any) leaving the working more dependent on jobs provided.

TL ; DR

This change should deplete the EFFECTIVE savings of the poor by inflating their every day costs making it necessary for them if they act to seek refuge from the monetary system, seek additional income or work unrealistic hours. The economic dependence on a job with no savings might force some into military or defense sector jobs out of desperation for job security when the flood of "needing a job" becomes enforced is matched by the opening of cushy military positions. Which serve none but the elite and his dog.

- BC"

It's just a numbers game, can they afford 4.4 billion per month, if so then great, but that is a lot of fish. If the US could afford 264 billion per month I say go for it!

a reply to: interupt42

Thats a quite amount of money to hand out. But its an experiment at least 550 euros. Not all is in this experiment and this news fails the important part of this experiment.
First all benefits what people get will be minimized to at least 550 euros a month ( 800 was their goal at the first place ).. so you think they give you free money? NO

This money they seems to hand out includes benefits regarding housing, benefits regarding unemployment ( system in Finland is atm is that you get about 650 unemployment money a month and if you have paid from your salary when you were working few % to working unions and you receive when you are out of job about 80% of salary you used to have when working , this comes from unions and government together )
This 550 (800) is the max you get if at all ( first you need to have very low income a month to receive this ) . This also means that people who are handicapped, are old and live in elderly living units etc.. includes food, housing, health, transportation all benefits what you possible can imagine is in this one sum 550 (800) euros.

This is a downplay of finnish social health system and downplay of working unions, this will make many peoples life very difficult to live, this is also a goodbye to "free" health care and many more.

If you think this is superb idea .. you could not be more wrong

This is how you strenghten that 1% and make huge cap between poor and wealthy.

Not all is titled to this so called benefit, only those who are having benefits now or are in need of them. Finnish rents are usually about 500-1500 euros a month depending where you live and how big is apartment, finns are very overtaxed and food is expencive. This money is jokers fart in the air.

So who is from Finland and wants to play some cards?

a reply to: Lysergic

I could but i am not titled to these benefits.. if you promise to lose

You know the big lottery in many of these countries is to "get hurt" and spend the rest of your life drawing benefits. Humans typically follow the path of least resistance even if it means a lower quality of life. I agree that there is a percentage of us that want to achieve and do the best we can while living a good life but I think there is a greater percentage that would take the free way if they could. We see it with Blacks and American Indians in those that get the most benefits are still the lowest achieving/poorest groups. Whites are no better and are right there too with a hell of a lot of people who if they can get away with it just want a minimal check per month to live out a crappy life where they need to do nothing at all. Looking at countries like Greece it shows just how far a population will go to get the most free benefits they can while doing the least amount of work. With that said benefits are good for those who truly need them but they will rip a society apart if done wrong.

In ireland I think it's currently around €200 per week in state handouts for unemployed.

There was a spate of eastern Europeans flying to Ireland signing once a month to claim the money then flying back to whichever they come from.

I heard from family there was a village with population of a few hundred having thousands of people claiming to live there and claiming handouts.

a reply to: interupt42

Wow, this is exactly how I see a post-employment economy functioning. When jobs become increasingly automated, this is the only way to keep the economic wheels turning.

Unless this gets sabotaged, I predict this will be a boon and future model.

originally posted by: starwarsisreal
a reply to: interupt42

They did this in the US with the poor people and they became so dependent on it that they virtually became slaves.

[citation needed]

Proof please.

they should have that everywhere

originally posted by: lavatrance
they should have that everywhere

"Why do you think so?

I ask with the whole possibility that I myself, misunderstand.

When you have monetary systems and socioeconomics like today, all such a change would do is raise the bare minimum needed to survive by that ~ dollar amount.

When you have no general welfare with the bare minimum NOT being suffering and death accompanied, such a change as what is purported in the article serves only the puppet masters. Making you more necessary at threat of death or eviction to entertain their beck and call at every expense to you."

originally posted by: redhorse

Proof please.

American Indian?

"My question is, how much of this "handout" comes from fiat printing, IF ANY?

It is my understanding it is entirely fiscal, even with the currency of Finland being the EURO this is being done within its own nation's powers, and not through the EU central bank."