Re:Swiss to vote on 2,500 franc basic income for every adult
by nine_k on Sunday October 06, 2013 @05:26AM
(#6503589)
It's wise that you wrote "a basic income _voucher_" and not just "basic income". There could be not enough tax money for that.
A great influx of immigrants lured by the "basic income for everyone" concept will most probably greatly lower economic efficiency. This is not because the immigrants would be lazy; this is because they would mostly lack appropriate education, work qualifications, knowledge of the language, and the general culture fit. They'd have hard time becoming as productive as an average American even if they all wanted to.
Of course, the government would be able to print enough money to keep the nominal basic income sum the same — but not the standard of living.
Switzerland, a country with great and deep-ingrained work ethics, could consider such an experiment for _its citizens_. Doing this for any strangers that care to show up is another thing entirely.
A great influx of immigrants lured by the "basic income for everyone" concept will most probably greatly lower economic efficiency. This is not because the immigrants would be lazy; this is because they would mostly lack appropriate education, work qualifications, knowledge of the language, and the general culture fit. They'd have hard time becoming as productive as an average American even if they all wanted to.
Of course, the government would be able to print enough money to keep the nominal basic income sum the same — but not the standard of living.
Switzerland, a country with great and deep-ingrained work ethics, could consider such an experiment for _its citizens_. Doing this for any strangers that care to show up is another thing entirely.