Finland's Basic Income Experiment Shows Recipients Are Happier and More Secure (yahoo.com)
An anonymous reader quotes Bloomberg:
Unemployed people derive significant psychological benefits from receiving a fixed amount of financial support from the state, according to a landmark experiment into basic income in Finland that highlights the disadvantages of the country's existing means-tested system.
Initial results of the two-year study had already shown that its 2,000 participants were no more and no less likely to work than their counterparts receiving traditional unemployment benefit. Thursday's set of additional results from the social insurance institution Kela showed that those getting a basic income described their financial situation more positively than respondents in the control group. They also experienced less stress and fewer financial worries than the control group, Kela said in a statement... They had more trust in other people and social institutions, and showed more faith in their ability to have influence over their own lives, in their personal finances and in their prospects of finding employment
Finland is the first country in the world to test universal basic incomes at national level.
Initial results of the two-year study had already shown that its 2,000 participants were no more and no less likely to work than their counterparts receiving traditional unemployment benefit. Thursday's set of additional results from the social insurance institution Kela showed that those getting a basic income described their financial situation more positively than respondents in the control group. They also experienced less stress and fewer financial worries than the control group, Kela said in a statement... They had more trust in other people and social institutions, and showed more faith in their ability to have influence over their own lives, in their personal finances and in their prospects of finding employment
Finland is the first country in the world to test universal basic incomes at national level.
In my 50s and looking to retire early. I have plenty of money so I will take that deal and let you pay for my retirement.
Fuck the next generation. I do not care that you will have to pay for my retirement and that you will have no choice.
That is socialism you incel faggot left wingers.
Attention UBI fanboys: UBI will not scale up, it would completely bankrupt a nation, and breed generations of completely useless, entitled people with no drive to accomplish anything whatsoever, who would whine and cry every year that the payments are TOO SMALL and should be MORE. GIVE IT UP, it's a fantasy, you will be working the rest of your lives. Tough shit for you, deal with it.
Soviet Union, Cuba and Venezuela?