Saturday, 9 February 2019

Finland basic income 'did not help jobless'

quote [ Although people ended up happier, the government hoped it would help the unemployed to find work. ]

Another perspective you could take is that the basic income kept many people from worse situations when there weren't enough jobs.
[SFW] [business] [+7 Interesting]
[by JWWargo]
<-- Entry / Comment History

Kama-Kiri said @ 4:57am GMT on 9th February
The somewhat naive hope was that it would generate employment. It did not.

I suppose the premise is the same as "helicopter money". Giving money to people means they spend more on goods and services, which means more people are employed providing those goods and services.

I suspect that you have to give people far more than "basic" amount before it registers as an uptick in employment and, say, just an increase in the profits of the local supermarket.


Kama-Kiri said @ 4:57am GMT on 9th February
The somewhat naive hope was that it would generate employment. It did not.

I suppose the premise is the same as "helicopter money". Giving money to people means they spend more on goods and services, which means more people are employed providing those goods and services.

I suspect that you have to give people far more than "basic" amount before it registers as an uptick in employment and not, say, just an increase in the profits of the local supermarket.



<-- Entry / Current Comment
Kama-Kiri said @ 4:57am GMT on 9th February
The somewhat naive hope was that it would generate employment. It did not.

I suppose the premise is the same as "helicopter money". Giving money to people means they spend more on goods and services, which means more people are employed providing those goods and services.

I suspect that you have to give people far more than "basic" amount before it registers as an uptick in employment and not, say, just an increase in the profits of the local supermarket.




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