8 years ago
3
Finland plans to pay everyone in the country $876 a month
Imagine this: as you're worried about how to pay bills and make your rent, you get a check from the government for $876. Every month. That's what Finland is doing. The Nordic nation is getting closer this month to finalizing a solution to poverty: paying each of its 5.4 million people $876 tax-free a month — and in return, it will do away with welfare benefits, unemployment lines, and the other bureaucracy of its extensive social safety net.
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the only real issue arising is you'd need rent controls so that land lords don't just suck all the money out of people instantly
This is true.
This is a great experiment and I hope it works, but I have my doubts.