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by pilom
4627 days ago
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The biggest impact that many people see is that over time, a minimum income gives people a disincentive to work. So if Switzerland starts giving every citizen $2800 a month, will tons of people stop working because they realize they can live off of 33k/year? In Alaska, it is probably rather difficult to live off of $1400/year but some people do it by living off the land and hard work at home. If the Alaska fund did not exist, would some of those people go back to work? That is the question economists would look for. |
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The only people they found that were less represented in the work force were teenagers and new mothers (in my opinion, people that could do without being in the workforce for a while...). Hospital visits decreased (with socialized healthcare, this is a good thing financially). Crime went down. Kids did better at school... Really, the effect was a pretty clear net positive.
(It's important to note, however, that as you earned your own income the money was subtracted from your 'mincome' at half that rate. There was never a point where "working more" or "earning more" would equate to making the same or less money. Something missing in many current social programs.)
The program ended because of a shift from a more socialist party to a more conservative one, not because of any intrinsic issue.