Re:Finnish basic income pilot improved wellbeing, study finds
by luckylion on Friday May 08, 2020 @04:34AM
(#23112673)
Yes, as I wrote, you're expected to find a job, but it's not like they'll toss you a broom stick and tell you to start sweeping.
As for savings: true, but less relevant. With a high net wealth you're already free to do whatever you like. 41% of Germans have less than $10.000 in personal wealth, which will be pretty much the so called Schonvermögen (which you do not need to touch to be eligible for Hartz-4; retirement savings are not taken into account for this, and only applied to private retirement savings, while the super majority relies on the public retirement system in Germany).
So yeah, it's not "stop working, get free things", but it's pretty close to it. Close enough that we should see all the huge benefits that are promised by UBI proponents. But we don't.
> If you are not a citizen, it's also going to ensure your visa doesn't get renewed.
That's not accurate. About 2 million non-citizens are receiving Hartz-4 benefits, the trend is pointing upwards, it does not affect their legal status.
As for savings: true, but less relevant. With a high net wealth you're already free to do whatever you like. 41% of Germans have less than $10.000 in personal wealth, which will be pretty much the so called Schonvermögen (which you do not need to touch to be eligible for Hartz-4; retirement savings are not taken into account for this, and only applied to private retirement savings, while the super majority relies on the public retirement system in Germany).
So yeah, it's not "stop working, get free things", but it's pretty close to it. Close enough that we should see all the huge benefits that are promised by UBI proponents. But we don't.
> If you are not a citizen, it's also going to ensure your visa doesn't get renewed.
That's not accurate. About 2 million non-citizens are receiving Hartz-4 benefits, the trend is pointing upwards, it does not affect their legal status.