Universal Basic Income

A German experiment gave people a basic monthly income. The effect on their work ethic was surprising

By Rosa Rahimi, CNN
April 11, 2025


A German experiment has found that people are likely to continue working full-time even if they receive no-strings-attached universal basic income payments.

Universal basic income, also known as guaranteed income, is the idea of giving money to everyone regardless of how much they already earn – to give them the freedom to move between jobs, train for new positions, provide care, or engage in creative pursuits.

Proponents have included the likes of Elon Musk, who said in 2018 that “universal income will be necessary over time if AI takes over most human jobs.” US Democratic presidential candidate Andrew Yang ran on a platform in 2020 to give Americans $1,000 a month, calling the idea a “game changer.”…

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Universal basic income gained increased acceptance in Europe during the pandemic.
 
I remember this was mentioned before the 2020's, and the talk was about being 500.......

and this was when it might, MIGHT, have been baaaaaaaaaaaarely to cover MOST of rents waaaaaaay before 2018. Might have been around about 2015.

5 HUNDRED dollars - if that wasn't enough then.......................... :smh: :smh: :smh: :smh: :smh:



I doubt it's going to be enough to cover basic living expenses - much less give people "breathing" room....
 
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