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Universal Basic Income in Wales

In the News

Just read about this being trialled in Wales:

Universal basic income to be tested in Wales https://www.bbc.co.uk/news/uk-wales-politics-57120354

Do you think it’ll be a good thing or bad thing?

HappyTravels
a month ago
What do you think of this?
HappyTravels
HappyTravels
Original Poster
a month ago

I realise they trialled this for 2 years in Finland already and Kenya has a 12-year trial at the moment. It’ll be interesting to see how it goes in Wales.

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BonzoBanana
BonzoBananaa month ago

As much as a I like the idea we live in the real world and currently we are borrowing and have huge debts even with the current low level of benefits. We need to restore our trading surplus and live within our means and pay back our huge debts which is a huge burden on our economy.

To me this is just madness people expecting to live well and create huge debts that they expect our children and grandchildren to pay for us which ultimately is theft.

So no politicians should be focused almost exclusively in sorting out the economy and paying back well over £2 trillion of debt which we currently have to service with huge interest payments.

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TheChimp
TheChimpa month ago

BonzoBanana I see what you're saying, but this would give me more money for better wine 😉

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BonzoBanana
BonzoBananaa month ago

TheChimp It might do for a while but like most debt it will catch up with you in the end. You wonder why poor countries in Africa don't just decide to be rich instead and start paying themselves lots of money and enjoy a fantastic life of travel, fine food etc.

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lornaae
lornaaea month ago

I think the universal basic income is a great idea and I’m excited and interested to see how exactly it’s put in place in Wales 🙂

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gerrykelly25
gerrykelly25a month ago

The concept has been around for a long time. It was even advocated by Martin Luther King as a way to abolish poverty.

A European Citizens Initiative was launched last year to make a Basic Income mandatory in EU countries. I believe Ireland are considering a trial similar to Wales.

Many countries already operate a conditional basic income, which is targeted rather than universal. I think this may ultimately be the adopted measure.

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