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Thursday, May 05, 2016
The Beginning of the End
"Chalk it up to Swiss affluence. Voters here will decide next month whether all 8 million citizens and legal residents should be guaranteed a generous monthly income, something no country in the world has ever done.
On June 5, Swiss voters will weigh in on a radical proposal that would mandate the government to guarantee $2,600 a month tax-free to every adult citizen and legal resident, and $650 to each child.
The payment would be provided to everyone, regardless of work status, income level, or wealth. It is a benefit few countries can afford. But then, Switzerland is among the world's richest nations, with a per capita income of about $85,000, 40% higher than that in the USA."
This is going to happen. It is going to start in places like Switzerland, then move to places like Finland and Norway, then the UK and Canada and eventually to the U.S.
And when that happens we're done. Why would anyone ever work when a comfortable living wage is provided with no effort required.
Hopefully, I'll be long dead before they start paying everyone just to be alive.
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