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Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take note)

Force 136

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http://motherboard.vice.com/en_uk/blog/what-would-you-do-with-2800-a-month-no-questions-asked?utm_source=mbtwitter

Switzerland May Give Every Citizen $2,600 a Month

Written by
ALEC LIU

November 13, 2013 // 06:45 PM CET

Update: According to ​the folks behind the Basic Income campaign, Switzerland's government will start discussing the proposal in spring 2015, with the public vote likely to take place by fall 2016.

Switzerland could soon be the world’s first national case study in basic income. Instead of providing a traditional social net—unemployment payments, food stamps, or housing credits—the government would pay every citizen a fixed stipend.

The idea of a living wage has been brewing in the country for over a year and last month, supporters of the movement dumped a truckload of eight million coins outside the Parliament building in Bern. The publicity stunt, which included a five-cent coin for every citizen, came attached with 125,000 signatures. Only 100,000 are necessary for any constitutional amendment to be put to a national vote, since Switzerland is a direct democracy.

The proposed plan would guarantee a monthly income of CHF 2,500, or about $2,600 as of November 2014. That means that every family (consisting of two adults) can expect an unconditional yearly income of $62,400 without having to work, with no strings attached. While Switzerland’s cost of living is significantly higher than the US—a Big Mac there costs $6.72—it’s certainly not chump change. It’s reasonable income that could provide, at the minimum, a comfortable bare bones existence.

The benefits are obvious. Such policy would, in one fell swoop, wipe out poverty. By replacing existing government programs, it would reduce government bureaucracy. Lower skilled workers would also have more bargaining power against employers, eliminating the need for a minimum wage. Creative types would then have a platform to focus on the arts, without worrying about the bare necessities. And those fallen on hard times have a constant safety net to find their feet again.

Detractors of the divisive plan also have a point. The effects on potential productivity are nebulous at best. Will people still choose to work if they don’t have to? What if they spend their government checks on sneakers and drugs instead of food and education? Scrappy abusers of the system could take their spoils to spend in foreign countries where their money has more purchasing power, thus providing little to no benefit to Switzerland’s own economy. There’s also worries about the program’s cost and long term sustainability. It helps that Switzerland happens to be one of the richest countries in the world by per capita income.

The problem, as with many issues economic, is that there is no historical precedent for such a plan, especially at this scale, although there have been isolated incidents. In the 1970s, the Canadian town of Dauphin provided 1,000 families in need with a guaranteed income for a short period of time. Not only did the social experiment end poverty, high school completion went up and hospitalizations went down.
 

GOD IS MY DOG

Alfrescian (Inf)
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Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

this is good............a new breakthrough..........needed if humans are to colonize other planets.............or die out eventually here..........hope it works and spread worldwide...............
 

Confuseous

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Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

Wooden Goh has been Talk Cock Goh all his life.
Like his Master, he still refuses to let go, representing the govt in all sorts of things.
 

dr.wailing

Alfrescian
Loyal
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

To: Force 136

Holy Goh is no longer the Prime Ministar of Sinkapore. You should direct it to LHL.
 

sochi2014

Alfrescian
Loyal
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

Told you angmos are awesome!!

They are willing to share wealth not like selfish Asians.
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

Yeah Congo, Burundi and Sudan should pass the same legislation and the hunger and poverty will disappear overnight.
 

frenchbriefs

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Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

Yeah Congo, Burundi and Sudan should pass the same legislation and the hunger and poverty will disappear overnight.

the problem is most people dont know where switzerland's wealth comes from,switzerland's wealth comes from plundering other countries,the 3rd world countries.last year alone,switzerland mined nearly 41 billion worth of copper from zambia without paying a lick of tax.when u have this kind of pirated wealth,u can afford to pave the streets of ur country with gold.
 

winnipegjets

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Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

Yeah Congo, Burundi and Sudan should pass the same legislation and the hunger and poverty will disappear overnight.

Good idea. Will you support those economies?
 

tonychat

Alfrescian (InfP)
Generous Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

If PAP want Switzerland standard of living, it has to come with Switzerland stand of democracy too...

PAP never get that? Or sinkies are too stupid to get that.
 

Force 136

Alfrescian (Inf)
Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

We will never be as good as Switzerland - It's just a wet dream .

It would remain as a wet dream unless we become a more caring people, starting at the top.
 

frenchbriefs

Alfrescian (Inf)
Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

We will never be as good as Switzerland - It's just a wet dream .

It would remain as a wet dream unless we become a more caring people, starting at the top.

why not at the bottom?individual sinkies are balless and self centered.if they dont even care about each other how u gonna get the elite and top to care?
 

krafty

Alfrescian (Inf)
Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

dun disturb lau goh, he is having the moment of his life...look at that expression...sibeh happy man...:rolleyes:

<a href="http://s613.photobucket.com/user/hightoss/media/redwire-singapore-national-special_zps17bb60a9.jpg.html" target="_blank"><img src="http://i613.photobucket.com/albums/tt218/hightoss/redwire-singapore-national-special_zps17bb60a9.jpg" border="0" alt=" photo redwire-singapore-national-special_zps17bb60a9.jpg"/></a>
 

Leongsam

High Order Twit / Low SES subject
Admin
Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

Good idea. Will you support those economies?

If they provide a service or product which the world needs, I'm sure a lot of people would lend support.
 

krafty

Alfrescian (Inf)
Asset
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

how are you boss, feeling better..?:smile:

If they provide a service or product which the world needs, I'm sure a lot of people would lend support.
 

Hans168

Alfrescian
Loyal
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

No big deal: we got Pioneer Generation benefits leh - PAPigs din forget the poor leh!
Even rich widow Chung entitle to PG benefits - YY huat ah!!
 

ginfreely

Alfrescian
Loyal
Re: Switzerland May Give Every Citizen $2,600 a Month. (Goh Chok Tong - please take n

the problem is most people dont know where switzerland's wealth comes from,switzerland's wealth comes from plundering other countries,the 3rd world countries.last year alone,switzerland mined nearly 41 billion worth of copper from zambia without paying a lick of tax.when u have this kind of pirated wealth,u can afford to pave the streets of ur country with gold.

Oic so that is where their wealth come from. But then Spore also has wealth to distribute and did PAP do that? PAP rather lose billions to angmohs in so called investments. So Swiss standard is still the best!
 
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