“Germany to trial giving away £1,000 a month in universal basic income”
August 20, 2020
“German researchers are to give a group of people just over £1,000 ($1,307) a month each, in a trial looking at the potential benefits of introducing a wider universal basic income (UBI).
The experiment will asses how giving 120 people €1,200 (£1,085) a month will affect work patterns and leisure time. They will be studied against a comparison group of 1,380 people who do not receive the payments.
UBI involves unconditional cash payments to all citizens whatever their income, either replacing or complimenting other targeted welfare benefits or tax allowances…”
This is not a good idea because this is unsustainable. This type of thing will make the taxpayer base in Germany collapse. Money isn’t created out of thin air. Someone has to foot the bill. Germany will regret this decision.