Re:A Dutch city is giving money away to test the basic incom...
by dagw on Thursday July 02, 2015 @05:13AM
(#9817672)
To put it further into context £240 billion is slightly less than what the UK government spends on pensions and welfare. Since basic income would replace much of the need for pensions and welfare, it might just end up more or less balancing out.
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Re:A Dutch city is giving money away to test the basic incom...
by stephentmcm on Friday July 03, 2015 @12:16AM
(#9823427)
Note that this £240 billion will have the overheads of running the welfare system built into it too. So the actual pension checks are only a percentage of that figure, with a basic income that's not means tested the government has far less overhead.
Re:A Dutch city is giving money away to test the basic incom...
by anticon on Thursday July 02, 2015 @06:13AM
(#9817905)
The UK government currently spends around £120b on welfare (Including pensions) a year. Please don't pluck false information out of thin air.
Re:A Dutch city is giving money away to test the basic incom...
by dagw on Thursday July 02, 2015 @06:14AM
(#9817912)
I got my numbers from here:
http://www.ukpublicspending.co.uk/
Perhaps I misread the data.