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Canada Plans To Experiment With Giving People Unconditional Free Money
Tech Insider/BI ^ | Chris Weller

Posted on 03/05/2016 7:39:37 AM PST by blam

Chris Weller
March 5, 2016

Finland and The Netherlands have already shown their interest in giving people a regular monthly allowance regardless of working status, and now Ontario, Canada, is onboard.

Ontario's government announced in February that a pilot program will be coming to the Canadian province sometime later this year.

The premise: Send people monthly checks to cover living expenses such as food, transportation, clothing, and utilities — no questions asked.

It's a radical idea, and one that has been around since the 1960s. It's called "basic income." In the decades since it was first proposed, various researchers and government officials have given basic income experiments a try, with mixed results.

Folks at the Basic Income Canada Network, the national organization promoting basic income, have high hopes.

"We need it rolled out across Canada, and Quebec, too, is in the game," said chair of BICN, Sheila Regehr, in a statement. "So there's no reason why people and governments in other parts of this country need sit on the sidelines – it's time for us all to get to work."

(snip)

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: freemoney; government; greatsociety; welfare
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To: blam

How to spend other people’s money big time

or

Get those printing presses rolling now!

or

Quantitative easing writ large


21 posted on 03/05/2016 7:56:28 AM PST by PIF (They came for me and mine ... now it is your turn ...)
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To: blam

Just put it in the Bank because they’ll want it back


22 posted on 03/05/2016 7:56:39 AM PST by butlerweave
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To: gaijin

bags already in the car. practicing the Canadian national anthem :) jk

jerks


23 posted on 03/05/2016 7:56:45 AM PST by dp0622
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To: blam

That would make a great export product - where can we sign up?


24 posted on 03/05/2016 7:56:47 AM PST by bigbob ("Victorious warriors win first and then go to war" Sun Tzu.)
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To: blam
...it's time for us all to get to work.

If that's what you believe, Sheila, then there's no reason to give away OPM. Stupid twit.

25 posted on 03/05/2016 7:57:51 AM PST by ProtectOurFreedom
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To: blam

Doesn’t this already exist, welfare?


26 posted on 03/05/2016 7:57:51 AM PST by free_life (If you ask Jesus to forgive you and to save you, He will.)
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To: ichabod1

Is that Canuck for “gibsmedat”?


27 posted on 03/05/2016 7:59:09 AM PST by ProtectOurFreedom
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To: blam
First it was "just doing the jobs Americans won't"

That will morph into "just collecting the checks Americans can't"...

Yes, I *know* this is Canada. But how far is Canada from Vermont (Sanders) anyway, both geographically and politically, hint hint?

28 posted on 03/05/2016 8:01:20 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: ProtectOurFreedom

gimmedat gibsmedat I dindu nuffin.


29 posted on 03/05/2016 8:01:40 AM PST by ichabod1 (Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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To: blam

“....it’s time for us all to get to work.”

Get to work?!

If this scheme isn’t an invitation for most Canadians to sit on their haunches and do nothing, I’m a Martian brain surgeon!


30 posted on 03/05/2016 8:01:53 AM PST by Tucker39 (Welcome to America! Now speak English; and keep to the right....In driving, in Faith, and politics.)
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To: blam

Early in his administration, Richard Nixon rolled out something similar called the Family Assistance Plan, which was essentially a guaranteed annual income. One of its most vocal opponents was California governor Ronald Reagan. Toward the end of Nixon’s first term, the scheme died in Congress.


31 posted on 03/05/2016 8:03:31 AM PST by Fiji Hill
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To: blam

Canada is going to need its own wall.


32 posted on 03/05/2016 8:03:59 AM PST by sanjuanbob (Skeptic)
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To: gaijin

A Bernie Sanders wet dream.

No need to work.
No need to better oneself.
No need for education or job skills.
No need for ambition or work ethics to get ahead.
No need to produce something.
No need to make any contribution to society whatsoever.
No need to even get up off the couch.

Just vote for Bernie. He’ll make sure someone else pays for it.


33 posted on 03/05/2016 8:04:14 AM PST by envisio (I ain't here long... I'm out of napalm and .22 bullets.)
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To: blam

Some form of this was advocated long ago by Milton Friedman.

https://en.wikipedia.org/wiki/Negative_income_tax

I don’t think it’s a particularly good idea, but the idea of a flat tax combined with it is at least a little bit interesting.

Past experiments don’t appear to have worked out well, since it reduces the incentive to work.


34 posted on 03/05/2016 8:04:39 AM PST by B Knotts (Just another Tenther)
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To: blam
Meanwhile, the Dept of Labor is putting these up at every factory and office.


35 posted on 03/05/2016 8:05:10 AM PST by ProtectOurFreedom
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To: blam

Does anyone see the irony that those who want to give away free money talking about “it’s time to get to work.” ??

Western society is truly in it’s last death gasp!


36 posted on 03/05/2016 8:06:28 AM PST by gbscott1954 (Why not a real Conservative?)
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To: blam
The premise: Send people monthly checks to cover living expenses such as food, transportation, clothing, and utilities — no questions asked.

rewarding non achievers and parasites by using force to enslave and punish the producers and achievers

37 posted on 03/05/2016 8:07:51 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: blam
Canada Plans To Experiment With Giving People Unconditional Free Money

Modern-day liberalism is defined by it's inability to comprehend both basic arithmetic and basic human nature. Since these are the two components on which economies are based, liberal inability to do anything but harm to economies follows.
38 posted on 03/05/2016 8:08:37 AM PST by AnotherUnixGeek
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To: blam

We should support Canada in this endeavor!
I’m stone serious.
Not only would immigrants flock there, but sooner or later, a lot of American socialist and liberal trash would outflow
Win win!


39 posted on 03/05/2016 8:09:20 AM PST by bill1952 (taxes don't hurt the rich, they keep YOU from becoming rich.)
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To: blam

It’s silly to think that the market won’t respond to all this free money for “basic subsistence”.

Rents will rise to reflect the rise in available money to pay rent, along with everything else.

They will have to institute wage and price controls at the same time.


40 posted on 03/05/2016 8:10:01 AM PST by RFEngineer
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