Scotland may be first to adopt a Universal Income, will give $200 a week to every citizen for life

Scotland may be the first trial to adopt a Universal Basic Income. It will give 150 pounds (apx $200 US) to every citizen whether they are working or not.

Scotland may adopt a universal basic income scheme that would guarantee a cash payment of up to £150 a week to its citizens for the rest of their lives, Nicola Sturgeon has said.

Universal basic income may be adopted in Scotland providing a weekly cash payment for life

The premise of Universal Basic Income (UBI) is pretty simple: give people a monthly cash injection to cover living expenses such as food, transport, clothes, and utilities, regardless of their income, social status, or anything else for that matter. No questions asked.

Trials for basic income are already in the pipeline in other parts of Europe: Small government pilots in Holland and Finland next year will test whether the idea delivers any of its mooted benefits, although Switzerland voted against introducing the scheme in a June referendum.

Link


Universal basic income trials being considered in Scotland

a reply to: nOraKat

There's another name for Universal Income, it's called welfare.

I think it would be more acceptable if people are required to do community service to get Universal Income as a form of contributing to society.

originally posted by: starwarsisreal
a reply to: nOraKat

There's another name for Universal Income, it's called welfare.

I think it would be more acceptable if people are required to community service as a form of contributing to society.

Most people that are working don't get welfare, maybe some do.
OP says they will give it out regardless of income and status.
It could stimulate the economy for people to have a little extra spending cash.

a reply to: nOraKat

Where are they going to get the money from?

originally posted by: DBCowboy
a reply to: nOraKat

Where are they going to get the money from?

The super rich

a reply to: nOraKat

It all comes down to how much and where does the money come from? These two questions have never been sufficiently answered for me. How do the numbers actually work?

originally posted by: CreationBro

originally posted by: DBCowboy
a reply to: nOraKat

Where are they going to get the money from?

The super rich

It's okay. The super rich will get their stipend as well!

originally posted by: CreationBro

originally posted by: DBCowboy
a reply to: nOraKat

Where are they going to get the money from?

The super rich

next headline: Super Rich to leave Scotland.

IOU's ......


Where does the money come from ? Inconcievable.

originally posted by: DBCowboy
a reply to: nOraKat

Where are they going to get the money from?

Exactly. Who is going to pay for all this. I thought Scotland was already running a 15 billion pound deficit?

a reply to: starwarsisreal

Well if everyone gets it, why?

I wouldn't want to do community service for it if I had a job.

originally posted by: CreationBro

originally posted by: DBCowboy
a reply to: nOraKat

Where are they going to get the money from?

The super rich

How much is super rich?

a reply to: pavil

I could care less where it comes from. A drop in the bucket compared to what goes to defense and other things.

I can sure use it. And to those who don't really need it well hopefully will boost the economy.

Dear Lord. Scotland better hope people actually spend this cash rather than sit on it, or inflation will be through the roof. And spend it locally.

In other news from the near future
Scotland's debt to GDP grows quickly , surpassing even Greece in that respect. As they are not a part of the EU , that leaves only Britain to bail them out. However , the EU could use a massive amount of bribery money to sway them back into the EU. Only that would be a one time thing , and the economic structure of Scotland would continue to degrade.They would be forced into terrible austerity measures like Greece just to pay the EU back with interest.

No questions, eh? I have a feeling that Scotland is about to experience a huge population boom. At least on paper ...

This equals out to about $50,832,000,000 per year in welfare, their GDP is $216,000,000,000. That leaves over $150,000,000,000 to work with. It might actually work because all that money will be put back into the economy anyways.

It's awesome when a government puts the welfare of their people over profit. Time will tell if this will work but I'm guessing the people who drew it up looked at the budget.

a reply to: starwarsisreal

How do you think Royalty has existed for the past several hundred years? Why give to them and not your own?

originally posted by: Throes

next headline: Super Rich to leave Scotland.

Nope. The IMF will ensure that this program is a smashing success... and it's coming to a town near you soon after.

Suckers.

a reply to: nOraKat


The U.S. government is so inefficient that it would have to raise taxes $1,000 a month, to give every American $500 a month.