Swiss voters overwhelmingly reject basic income plan

B00Mer

Make Canada Great Again
Sep 6, 2008
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Swiss voters overwhelmingly reject basic income plan



Swiss voters overwhelmingly rejected a proposal that would have guaranteed everyone in the Alpine nation an unconditional basic income, according to projections published Sunday by public broadcaster SRF1. The idea has also been floated in Canada.

Swiss voters overwhelmingly reject proposal for unconditional basic income - Business - CBC News

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Wasn't Ontario trying the same crap..

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captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
The only way that this program will work is if there are ceilings on the basics (rent, food, etc)... The plan is flawed by virtue that the taxes needed to sustain the program result in prices increasing, let alone the taxes on income... This in turn leads to pressure for higher wages, that also pushes the cost of living higher.

The ideal behind the program is fantasy at best
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Not enough research or education on the subject.

This is a policy that probably wouldn't get adopted for another 20 years anyway.
 

Angstrom

Hall of Fame Member
May 8, 2011
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Not enough research or education on the subject.

What about controlled inflation? This would create exactly the same thing as controlled inflation. Something we have a lot of information and data about.

Here is a clue. Initially it would create a rise in the demand of products and services. From there a few possibilities.

Opportunities for businesses to grow and expand, & opportunity to offer same amount of products & services at a higher cost,
 

MHz

Time Out
Mar 16, 2007
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$2,500?? Just what it cost me to sit on the couch all year, great. How about $25K and repayment starts if you make more than $50K/yr
 

WLDB

Senate Member
Jun 24, 2011
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What about controlled inflation? This would create exactly the same thing as controlled inflation. Something we have a lot of information and data about.
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That would be interesting but I doubt anyone is going to try it anytime soon.
 

Angstrom

Hall of Fame Member
May 8, 2011
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That would be interesting but I doubt anyone is going to try it anytime soon.

It's been happening sinse the last Great Depression with political "action plans" for the last 90 years.
This new plan simply gives you money without even forcing anyone to help in building infrastructure like roads as exchange for the money.

Money is a IOU for a good and service given. Giving away money in exchange for no goods or services , doesn't inspire value for your IOU.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
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Perhaps if you'd get your head out of Wynne's a*s.

The crime occupation should have registered, seeing as it's your hero's modus operandi. Would you prefer street starvation and death camps - like your mug slug?

Listen to you.

Seriously, just listen to you.
 

Johnnny

Frontiersman
Jun 8, 2007
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The only way that this program will work is if there are ceilings on the basics (rent, food, etc)... The plan is flawed by virtue that the taxes needed to sustain the program result in prices increasing, let alone the taxes on income... This in turn leads to pressure for higher wages, that also pushes the cost of living higher.

The ideal behind the program is fantasy at best

I talked about this before in another thread i said the same thing and i was told that it wouldn't raise taxes.
 

Angstrom

Hall of Fame Member
May 8, 2011
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if I give you a IOU for absolutely no services and no product. What do IOU?

Nothing that's what IOU, because you gave me nothing.

If I give you a IOU for saving my life, Then IOU my life.

It's very simple yet hard to understand.
 

Angstrom

Hall of Fame Member
May 8, 2011
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Saving my life is worth 1000000000000000IOU's if the government gives IOU, s to everyone for nothing.