OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» BREAKING: President Trump speaks at CPAC, promises to win historic struggle for America
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 6:29 pm by PurpleSkyz

» Land Steward, Land Trust consider Me, Donate Your Land: Wyoming
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 1:05 pm by Consciousness Of Economic

» 20 Minutes with Bridgette June 25, 2020~Dowsing/Pendulum 2
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 1:03 pm by Consciousness Of Economic

» Man Turns Degraded Land Into Massive Forest!
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 1:01 pm by Consciousness Of Economic

» 5G Tech is a modern scourge that exposes humans and the environment to “untried, untested frequencies”
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 1:00 pm by Consciousness Of Economic

» 20 Minutes with Bridgette June 23, 2020~Data/Information P1
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:59 pm by Consciousness Of Economic

» Archangel Michael
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:58 pm by Consciousness Of Economic

» Villagers has discovered a treasure mountain
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:56 pm by Consciousness Of Economic

» The IMF Plan To Replace The Dollar As The World Reserve Currency, SDR Issuance, SDR Bond Market
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:55 pm by Consciousness Of Economic

» UFO News ~ Many UFOs spotted over the city in Korea plus MORE
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:34 pm by PurpleSkyz

» ‘CIA Can of Worms’, Robert F. Kennedy Jr.
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:12 pm by PurpleSkyz

» CERN: Playing God with Science 2021
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 12:03 pm by PurpleSkyz

» Covid-19 Vaccine Documented Deaths and Injuries Compilation
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:57 am by PurpleSkyz

» House Passes $1.9 Trillion COVID-19 Relief Package That Includes $1,400 Direct Payments
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:54 am by PurpleSkyz

» Biden, Psaki, And Harris Under Fire For Past Tweets Criticizing Trump’s Military Actions Following New Syria Airstrikes
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:49 am by PurpleSkyz

» Rep. Gosar Proposes $10,000 Stimulus Checks: ‘Ordinary Americans Need This to Survive’
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:36 am by PurpleSkyz

» The Revival of Optical Biophysics and the Clash of the ‘Two Sciences’
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:26 am by PurpleSkyz

» The Democrat Crime Epidemic
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:19 am by PurpleSkyz

» FDA Issues Emergency Use Authorization for Another Experimental COVID-19 Vaccine
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyToday at 11:11 am by PurpleSkyz

» Microsoft, Intel and Adobe team up to eliminate human knowledge and halt all questions under the guise of stopping “disinformation” online
Germany begins Universal Basic Income trial where people get $1,400 every month for three years EmptyYesterday at 6:37 pm by PurpleSkyz



You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Germany begins Universal Basic Income trial where people get $1,400 every month for three years

Germany begins Universal Basic Income trial where people get $1,400 every month for three years

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin
Germany begins Universal Basic Income trial where people get $1,400 every month for three years Th?id=OIP


Germany begins Universal Basic Income trial where people get $1,400 every month for three years


Amid the deepening crisis, Germany is set to begin a new trial for universal basic income (UBI), which will entail 120 citizens receiving €1,200, or about $1,430, every month for three years.
 
As the world continues to struggle with an unprecedented recession triggered by the coronavirus pandemic, governments across the globe are scrambling to find ways to minimize the social and financial damage amid the tsunami of evictions, job losses and hunger.
Amid the deepening crisis, Germany is set to begin a new trial for universal basic income (UBI), which will entail 120 citizens receiving €1,200, or about $1,430, every month for three years – an amount just above the poverty line in Europe’s largest economy.
The volunteers’ experience living on the amount will be compared with that of 1,380 other German citizens who won’t receive the stipends. The experiment, which is being conducted by the German Institute for Economic Research, is being funded through private donations from about 140,000 individuals, reports Business Insider.
Political parties and figures both on the traditional left and the right have raised the demand for basic income, and some of its strongest proponents include tech oligarchs and venture capitalists like Peter Thiel, Marc Andreesen, and Jack Dorsey.
Supporters of the plan argue that inequality would be reduced by basic income and it would provide an added layer of financial security for certain people. Supporters of the plan, such as former Democratic presidential candidate Andrew Yang, also suggest that with jobs in myriad industries slated to be rendered obsolete by automation and computerization, a universal basic income is required to prevent a deeper humanitarian and financial crisis.
Critics on the left have suggested that basic income is a neoliberal Trojan horse that would be a vehicle for dismantling what little remains of the welfare state, offering the “paying people for being alive” stipend in exchange for austerity and the destruction of social safety nets that protect the most vulnerable members of society and offer a small barrier to extreme inequality.
On the right, however, opponents have claimed that the idea is far too expensive and would disincentivize people from seeking work and would be tantamount to subsidizing “junkies, alcoholics, and scam artists.”
However, with many countries experiencing a freefall in jobs numbers – as well as sharply declining consumer demand and household spending – the idea of UBI has gained popularity unseen since the idea saw a surge of interest following the 2008 financial crash.
In Spain, upwards of a million jobs have been lost due to the pandemic, causing officials to mull offering UBI to the country’s extreme poor. However, the plan has seen wide gaps that have left out some of the most at-risk members of society, ranging from workers in the informal economy to undocumented migrant workers.
Italy’s experiment with basic income plans was also widely panned as a revamped form of unemployment insurance, with many people being left out of plans – proving that the program is anything but universal.
However, on a micro scale the plan has been successful. In one small Kenyan village, a Silicon Valley-funded nonprofit called GiveDirectly reportedly had a good degree of success giving villagers the equivalent of USD $22. Economic journalist Annie Lowrey told The New Yorker that the village, which previously lacked paved roads, home electricity, and decent plumbing to one that now “a bubbling pot of enterprise, as residents whose days used to be about survival save, budget, and plan.”
Politicians from across the political spectrum in Columbia have also urged the government to introduce an Emergency Basic Income to mitigate the damage of the COVID-19 pandemic. The municipal government of Bogota under Green Party Mayor Claudia Lopez was the first city in the South American nation to offer basic income to vulnerable households struggling to feed themselves amid the lockdown. The plan also included integrating 581,000 poor households into the banking system, according to a press release from the City of Bogota
The researchers backing the German study hope that their experiment can help sharpen and improve the debate about basic income by offering new scientific evidence.
“The debate about the basic income has so far been like a philosophical salon in good moments and a war of faith in bad times,” Jürgen Schupp, who is leading the study, told Der Spiegel.
“It is — on both sides — shaped by clichés: Opponents claim that with a basic income people would stop working in order to dull on the couch with fast food and streaming services,” he continued. “Proponents argue that people will continue to do fulfilling work, become more creative and charitable, and save democracy.”
“Incidentally, these stereotypes also flow into economic simulations as assumptions about the supposed costs and benefits of a basic income,” he added.
“We can improve this if we replace these stereotypes with empirically proven knowledge and can therefore lead a more appropriate debate.”

https://nexusnewsfeed.com/article/human-rights/germany-begins-universal-basic-income-trial-where-people-get-1-400-every-month-for-three-years

Thanks to: https://nexusnewsfeed.com



  

PurpleSkyz

PurpleSkyz
Admin
.



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum