Moving Forward on Basic Income

Re:Moving Forward on Basic Income by st3v3r on Tuesday May 31, 2016 @03:18PM (#11809295)

Keep in mind that, under many current programs, you are not allowed to have savings. If you do not use all of your welfare money, then you get your benefits cut. If you have too much in your savings account, then you get your benefits cut. So it's not so simple as to say they have difficulty managing money, it's that they are not allowed to do many of the things you'd associate with successful money managing.

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Re:Moving Forward on Basic Income by azernik on Tuesday May 31, 2016 @05:12PM (#11810288)

Under many current basic income programs, or just under other welfare programs? My impression of basic income schemes is that they are universal - they don't care if you're a millionaire, you still get your $30K per year.

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Re:Moving Forward on Basic Income by st3v3r on Tuesday May 31, 2016 @06:38PM (#11810832)

Sorry, welfare programs.

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Re:Moving Forward on Basic Income by azernik on Tuesday May 31, 2016 @06:47PM (#11810880)

Yeah. My attribution of these issues to saving skills only applies in a UBI context, iff the scheme doesn't force people into particular spending patterns as some current welfare systems do.

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Re:Moving Forward on Basic Income by imtringued on Wednesday June 01, 2016 @07:47AM (#11813612)

If that's the case how do they expect anyone to get out of poverty?

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