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  • #1

    Universal Basic Income

    The financial crisis could pave way to UBI which I assume will be digital

    Rishi Sunak urged to examine basic income to protect Brits from future crises
    https://www.mirror.co.uk/news/politics/rishi-sunak-urged-examine-universal-28417842
    Almost 300 individuals including MPs, councillors, academics and mayors from across the country have signed an open letter to the new Prime Minister telling him basic income 'could be our generation's NHS'


    How would this work …. anyone ?
    Tags: None
  • #2
    Re: Universal Basic Income

    Originally posted by TWGL1 View Post
    The financial crisis could pave way to UBI which I assume will be digital

    Rishi Sunak urged to examine basic income to protect Brits from future crises
    https://www.mirror.co.uk/news/politics/rishi-sunak-urged-examine-universal-28417842
    Almost 300 individuals including MPs, councillors, academics and mayors from across the country have signed an open letter to the new Prime Minister telling him basic income 'could be our generation's NHS'


    How would this work …. anyone ?
    In conjunction with programmable CBDC?

    Comment

    • #3
      Re: Universal Basic Income

      wales have already started a pilot scheme for young people in terms of basic income

      Wales pilots Basic Income scheme | GOV.WALES
      https://gov.wales/wales-pilots-basic-income-scheme
      The Welsh Government has today launched its Basic Income pilot scheme.

      Comment

      • #4
        Re: Universal Basic Income

        Not being an economist I've always been very sceptical of UBI.
        Surely, if everyone gets that same basic bottom line, that pushes everyone's standard of living higher, then rents get unaffordable etc and it's still people at the bottom who would still end up without enough to get by and in poverty?

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        • #5
          Re: Universal Basic Income

          Originally posted by superfeathers View Post
          Not being an economist I've always been very sceptical of UBI.
          Surely, if everyone gets that same basic bottom line, that pushes everyone's standard of living higher, then rents get unaffordable etc and it's still people at the bottom who would still end up without enough to get by and in poverty?
          It makes sense if you know what changes are coming.

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          • #6
            Re: Universal Basic Income

            Welfare state Britain already provides a universal basic income through dozens of benefit payments that are up for grabs depending on people's different circumstances. The State Pension is the costliest of all of them.

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            • #7
              Re: Universal Basic Income

              Originally posted by Organ Morgan. View Post
              Welfare state Britain already provides a universal basic income through dozens of benefit payments that are up for grabs depending on people's different circumstances. The State Pension is the costliest of all of them.
              Reduced carbon = reduced energy = reduced jobs.

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