Basic income referundum in Switzerland

If someone paid me £400+ cash a week I wouldn't be going to work that's for sure

I think the cost of living higher in Switzerland than the UK.

It's unlikely to be voted in but iirc there were more than 100,000 signatures on a petition. That sounds like a lot in a country with  population of 8m.

What could possibly go wrong by paying everyone enough to live on without working or even looking for work.

Google vehicles - with self automation will take all the driving jobs.

all the taxi drivers. Bus drivers etc.

All on the dole?

other robots will be refined to take the other jobs.

So what can you do that a robot cannot do better? and quicker.

Presumably Google will be paying corp tax on these vehicles

NOT

Can see the British van/car industry been wiped out overnite if these cretins get their way

Or is someone printing monie?

robots will also be doing warehouse jobs, shelf stacking and maybe even serving in fast food joints = lots more people on the dole

well - the answer is they are printing money.

the total wealth of the world was 2 trillion in 1991, it's now over sixty trillion.

That's why you get no interest in your bank account. they do not need your money. they just print it. A bank can print any amount it wants, give it to a rich acquaintance and buy any business it wants.

you go for a loan... say 50,000 they only need to hold a percentage of that amount in the actual bank coffers. Say 5,000... they then credit your account with 50,000. If you take twenty five thousand of that to another bank. That bank can now loan out 250,000. They print out more money.

I remember getting ten percent interest in 1975. now they are talking about charging you for having an account.

Just shows how the liberal elite are so out of touch with the taxpayer, was 4 out of 5 who refused this idea.

Mints print money.....not banks. hth

Banks own mints - Look up Rothschilds.

Clydesdale bank prints it's own currency in Scotland. First plastic five pound in UK. From Scotland. Half of the note is see through?

Royal bank of Scotland (own notes)

Bank of England - own notes.

They print a billion dollars a day in the USA.

Money is not linked to a physical asset any more - since the gold standard went in the Nixon Years... It's just governments and Banks who decide how much to print.

You work all week for a wage, someone else just imagines a number and presses a button. There you go sir. sign her for your pay packet.

gotta hand it to the swiss.

think they at least have what id call a more democratic system than the rest of the world.


anyways...re robots.
its inevitable but the flip side is with a growing world population what are many gonna do as jobs?

LOL I read about this, thought "nobody can be THAT stupid" and sure enough they aren't.
God bless the Swiss!!!!!
I mean nobody, outside of the channel 4 news team and the Guardian, can that F*****G STUPID ..
Then I log on here:
"Ibrahima Sonko • June 5, 2016 11:36 PM BST
Just shows how the liberal elite are so out of touch with the taxpayer, was 4 out of 5 who refused this idea."

Sonko .. are you on the wind up, or do you genuinely believe that? :)

"It's unlikely to be voted in but iirc there were more than 100,000 signatures on a petition. That sounds like a lot in a country with  population of 8m. "
No offence but 30 years ago maybe, these days "petitions" are merely the "Look I'm so cool" crap of ****s on facebook.

Well, you may have a point, BUT there's a petition on the UK govt parliament website calling for a basic income with just 6 signatures.

Admittedly, it's only been up for a day but there's a similar one (calling for a referendum on the same issue) which is a month old and has 24.

The undecideds voted for the status quo

just think... if you had no job. stuck in the house all day looking at the rain coming down outside. you might imagine brilliant stuff like hover bikes or beds that cost less than £500. paint portraits or learn the piano.
but its for the best... drag yourself to work. pay the bills and get a pension. hooray.

calvinism wins(guy was a sadist torturer, look him up?) work or die slaves.

Sorry Ibrahima, I just re-read that, I'd intepreted what you wrote as supporting the motion, I realise now you were mocking it and I'm just a bit stupid. My humblest apologies.

Kuwait had a plan years ago for the minimum wage of nationals to be £3k a month

I'm not sure how they stop people just employing immigrants on much less, but would be a great plan imo

total money in world 60 trillion
people = 7 billion

60,000,000,000,000 / 7,000,000,000 = $8,572

so if money was distributed evenly throughout the world the cash each person gets is pretty poor? $8,572 dolla amigo.

of course most people in the poor countries get sweet FA.

nah most economies in the world run on credit

if the govt didnt borrow anymore money and paid off the total debt

it would take 400 years

refractive banking

too high a number?

minimum wage came in at £3.60 in 1999. now £6.70.

start at 200 not 400?

Too many jobs are getting automized now, so its best to give the peasants the money because they don't want to do any more crappy jobs with no or little chance of a decent pension....

Either that or face a revolt.

i just bought a bag of pound shop nails.

on another matter... I see a car park with some rich man's car... is it a Bentley

so shiny my peasant brain just wants to caress it?

30 years of hard slog with the chance of your pension pot getting raided by the liquidators, is too much of a risk for some people.

The name Gordon Brown immediately sprang to mind reading that, TheBetterBettor