Germany Begins Universal Basic Income Trial With People Getting $1,400 a Month For 3 Years

[ElNono]

Germany Begins Universal Basic Income Trial With People Getting $1,400 a Month For 3 Years

Starting this week, 120 Germans will receive a form of universal basic income every month for three years (https://www.businessinsider.com/germany-begins-universal-basic-income-trial-three-years-2020-8). Business Insider reports: Germany is about to become the latest country to trial a universal basic income, starting a three-year study of how it affects the economy and recipients' well-being. As part of the study, 120 people will receive 1,200 euros, or about $1,430, each month for three years -- an amount just above Germany's poverty line -- and researchers will compare their experiences with another group of 1,380 people who will not receive the payments.

The study, conducted by the German Institute for Economic Research, has been funded by 140,000 private donations. All participants will be asked to complete questionnaires about their lives, work, and emotional state to see whether a basic income has had a significant impact. A pro-basic-income lobbying group called Mein Grundeinkommen is funding the experiment. The group has used donations from its supporters to fund monthly 1,000-euro payments for 668 people since 2014.

[Winehole23]

Great timing, wasn't this studied in Finland not too long ago?

https://www.kela.fi/web/en/news-archive/-/asset_publisher/lN08GY2nIrZo/content/results-of-the-basic-income-experiment-small-employment-effects-better-perceived-economic-security-and-mental-wellbeing


Didn't know about this study in Canada:

https://www.utpjournals.press/doi/pdf/10.3138/cpp.37.3.283

[RandomGuy]

Germany's government has been running in the black for a few years, if memory serves.

May as well see how this plays out.

All the more reason to consider immigrating, tbh.

[FrostKing]

Love to see how many of these 120 participants are actually native German

[hater]

:lmao the 1380 stupid bastards that signed up for not getting the $

[boutons_deux]

UBI in USA is way too humane for inhumane, predatory, wealth-sucking Capitalists and 100Ms blindly indoctrinated, suckered into believing that Capitalism is the only way to organize society.

The Capitalists KNOW UBI would would be paid for using what would be a reductinon their Capital income, which is amassed by rigging the economy, the tax code, hiring legislative whores.

If a person is not working to increase the wealth of Capitalists, then that person is expendable, eg, the unemployed, disabled, retired.

iow, Capital is always fucking over Labor.

If you are on UBI, therefore not Labor-ing, then Capital says FUCK EXPENDABLE YOU.

And of course, Capital is owned mainly by white males, so racism and misogyny are always in play

btw, the only party that would ever propose UBI would be the Dems, and they would never propose it, even if they had control of Congress and the WH.

eg, if the Dems run the table in November, they won't propose Medicare for All, never mind UBI.

[Winehole23]

Not-so-radical idea: upfront money solves problems directly.

Money1314301630750224384

[Winehole23]

People who got UBI worked more, not less.


https://pbs.twimg.com/media/FmrxOWzX0AAFHrd?format=jpg&name=mediumhttps://www.jainfamilyinstitute.org/assets/hudsonup-year-two-report_leah-hamilton-jfi.pdf

[Winehole23]

1666226090904354816

[SnakeBoy]

Won too five twenny huna dollas

[ChumpDumper]

Won too five twenny huna dollas

We knew that would make you mad.

[RandomGuy]

Won too five twenny huna dollas

u mad bro?

[RandomGuy]

We knew that would make you mad.

Snakeboy does not like it when the riff raff rise above their station, especially if they have more melanin than he does.

[RandomGuy]

People who got UBI worked more, not less.

https://www.jainfamilyinstitute.org/assets/hudsonup-year-two-report_leah-hamilton-jfi.pdf

Get TFO with that evidence shit man. j/k

Make people more financially secure, they tend to work more. Pay for daycare, and you get more workers.

[Winehole23]

Real world empirical support

1646179674979020800

1646484621628932100

[Thread]

Real world empirical support

1646179674979020800

1646484621628932100

It makes it easy for Germany with Hitler as their patented excuse to take 'er easy.

Just shows ta go ya.

[Winehole23]

This is in Kenya. Like in the other studies posted here, recipients did not end up working less or blowing the money on consumption -- in the aggregate, they saved and invested.


The first results from the world’s biggest basic income experimenthttps://www.vox.com/future-perfect/2023/12/1/23981194/givedirectly-basic-income-experiment-abhijit-banerjee-tavneet-suri

[koriwhat]

LOL You want UBI you lazy fuck

[z0sa]

I dunno about UBI, it sounds great but I'm simply not educated on it.

but if I was Black in this country taking a look at the national debt in the tens of trillions, I'd wonder why we couldn't have ever done some billions in reparations. They spend more than that on Ukraine.

[koriwhat]

I dunno about UBI, it sounds great but I'm simply not educated on it.

but if I was Black in this country taking a look at the national debt in the tens of trillions, I'd wonder why we couldn't have ever done some billions in reparations. They spend more than that on Ukraine.

Reparations is nonsense talk but what isn't nonsense is the amount of tax dollars we spread to the world, and most recently to Ukraine, when our shit reps don't bother cleaning up and fixing their own mess in this country. It's truly a sad state of affairs.

[Thread]

Reparations is nonsense talk but what isn't nonsense is the amount of tax dollars we spread to the world, and most recently to Ukraine, when our shit reps don't bother cleaning up and fixing their own mess in this country. It's truly a sad state of affairs.

kori

[Winehole23]

I dunno about UBI, it sounds great but I'm simply not educated on it.

but if I was Black in this country taking a look at the national debt in the tens of trillions, I'd wonder why we couldn't have ever done some billions in reparations. They spend more than that on Ukraine.The math isn't as hard as people think. The more social goodies, the more social good.

Money is a necessity of life like food, water, housing, transportation and health care. Upfront cash immediately solves difficulties of life -- establishing a floor for the whole of society is a great idea.

[Winehole23]

I have a hard time believing the richest country in the history of everything can't afford it.

What we really can't afford is the infinite greed of the rich. Unfortunately for us all, they've more or less bought out the political class.

[Winehole23]

Empirical support is linked in this thread.

[Hugo Stiglitz]

LOL You want UBI you lazy fuck
You get paid by your mother

[FuzzyLumpkins]

I have a hard time believing the richest country in the history of everything can't afford it.

What we really can't afford is the infinite greed of the rich. Unfortunately for us all, they've more or less bought out the political class.

This will help because they can revise the accounting for modeling implementation with this data. Hopefully that will lead to larger initiatives.

[Thread]

This will help because they can revise the accounting for modeling implementation with this data. Hopefully that will lead to larger initiatives.

...but they may never forget The Holocaust.

tee, hee.

[z0sa]

The math isn't as hard as people think. The more social goodies, the more social good.

Money is a necessity of life like food, water, housing, transportation and health care. Upfront cash immediately solves difficulties of life -- establishing a floor for the whole of society is a great idea.

I'm onboard in theory, but I have somewhat related but perhaps not directly question (on phone sorry for any weirdness)

'what about our national debt? This is where I can't help but feel a bit weird. I understand government/central banks don't run a country's finances like a family does. But at what point do we decide it's time to slash benefits and jack taxes up to compensate for all of this borrowing? or is that not necessary for some reason? I know I sometimes ask maybe obvious (for you) questions but you always provide some great answers WH.

[Winehole23]

I would imagine everyone would like some upfront cash to cover essentials, it has nothing to do with being lazy. I've been working continuously since I was 14 years old and have been lucky enough not to need government assistance.

Looking at UBI through an individual lens misses the point, which is population level effects. If people don't have to fight so hard to cover basic needs, society as a whole prospers and the incentive for crime is greatly diminished.

[Thread]

I would imagine everyone would like some upfront cash to cover essentials, it has nothing to do with being lazy. I've been working continuously since I was 14 years old and have been lucky enough not to need government assistance.

Looking at UBI through an individual lens misses the point, which is population level effects. If people don't have to fight so hard to cover basic needs, society as a whole prospers and the incentive for crime is greatly diminished.

It's easy when you don't have a MIC. Germany lucked out having Hitler. They send their German children to school. Americans send their American children to the slaughterhouses. Japanese children same thing...to school after they swore there'd be no more Sunday morning wake up calls after Harry S. hit 'em once and then..."Again."

[Winehole23]

We have a limited example of population-level effects from the recent past, the extended child tax credit. In about a year, child poverty in the US fell by half -- the largest drop recorded.

Since the tax credit has been ceased, child poverty has bounced back to its prepandemic level.

[z0sa]

We have a limited example of population-level effects from the recent past, the extended child tax credit. In about a year, child poverty in the US fell by half -- the largest drop recorded.

Since the tax credit has been ceased, child poverty has bounced back to its prepandemic level.

That's a great point. The extra $300 was nice. One of my old school friends who's more financially struggling also got out of a lot of those sheister bank fees, at least, that's what he told me. He said whenever they would insert the $300, suddenly his overcharge fees would disappear and whatnot so that the entire $300 could be deposited. Not sure if he was lying or anything though.

[FuzzyLumpkins]

UBI is not just straight cost. Depending on the plan it can replace social services ranging from disability, social security, unemployment, TANF, etc.

That is what makes these case studies interesting because you can start quantifying other economic benefits to health, education, availability, and the like. Add that to the cuts and undermining the core tragedy of the commons argument that UBI opposition uses.

[FrostKing]

https://i.ibb.co/X2jgZ5P/Screenshot-20231209-124556-Chrome.png

Germany begins universal deportations

[ChumpDumper]

https://i.ibb.co/X2jgZ5P/Screenshot-20231209-124556-Chrome.png

Germany begins universal deportations

What do you mean by "universal" and when did it begin?

[koriwhat]

LMAO Hey Hugo, eat shit and die bro! :tu

Keep trying to vie for my attention like your gay counterparts here do daily. Fuck all you fruits!

[koriwhat]

The math isn't as hard as people think. The more social goodies, the more social good.

Money is a necessity of life like food, water, housing, transportation and health care. Upfront cash immediately solves difficulties of life -- establishing a floor for the whole of society is a great idea.

You're pathetic as fuck just like your opinions and ideology.