Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Switzerland to vote on $2,800 monthly ‘basic income’ for adults
yahoo.com ^ | October 5, 2013 | Eric Pfeiffer

Posted on 10/05/2013 8:31:14 PM PDT by grundle

More than 100,000 residents in Switzerland have signed a petition demanding that the government ensure a minimum monthly income of nearly $2,800 (2,500 Swiss francs) for all adults in the country.

The 120,000 signatures are enough to formally call a vote in the government over whether or not to approve the “CHF 2,500 monthly for everyone" (Grundeinkommen)” funding proposal.

Funding for the proposed measure would come out of the Swiss social insurance system, which already guarantees universal health care coverage for its citizens, along with other benefits designed to uphold the country’s social safety net.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: economics; europeanunion; miltonfriedman; minimumwage; nato; negativeincometax; obamarecession; obamataxhikes; switzerland; ubi; universalbasicincome
Navigation: use the links below to view more comments.
first previous 1-2021-32 last
To: Revolting cat!

I am pretty sure those are Surfers Paradise meter maids in Queensland, Australia - but thanks for the pics anyway :)


21 posted on 10/05/2013 10:20:11 PM PDT by melsec (Once a Jolly Swagman camped by a Billabong.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: grundle

By by Switzerland.


22 posted on 10/05/2013 10:30:26 PM PDT by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nuc 1.1

Yeah, that’s what I was thinking.

The undoing of democracies is that they can vote themselves money from the central treasury, thus bankrupting the said democracy.


23 posted on 10/05/2013 10:51:18 PM PDT by SatinDoll (NATURAL BORN CITIZEN: BORN IN THE USA OF USA CITIZEN PARENTS)
[ Post Reply | Private Reply | To 22 | View Replies]

To: grundle
If this gets passed, I think most people who currently have jobs will quit them.

Certainly most will. It would be stupid not to. I wonder how their immigration laws are?

24 posted on 10/05/2013 11:08:39 PM PDT by Lancey Howard
[ Post Reply | Private Reply | To 1 | View Replies]

To: grundle

A little perspective from someone who lives and works in Switzerland:

The average wage in Switzerland is ~6K CHF. As a matter of fact, my daughter who just became an RN earns 6K starting.

So, no one is going to quit their job to get a free 2,5k!

I don’t know where the author gets the idea that the Social Insurances pay for “universal health care” - they don’t! That is paid for individually, but there is a universal requirement. My plan (Family of four, high deductables / franchises) runs at well over 800/month).

From your monthly check -
5% is withheld for “Social Security”
1% for Unemployment and
1% for non work related accidents

another 7% is normally withheld for your pension (varies)

taxes are NOT withheld, but you are “encouraged” to pay into an account monthly to cover the taxes due ~10%

All told, you lose at least 30% (including Health Insurance).

Prices (in Francs):
Gas = 6.75/gallon
Childrens Levis = 130 (non brand can be cheap ~50)
Beef Cubes for stew 9.30/lb (at a discount grocery)

These types of initiatives are raised almost every year by the “young socialists” who only need to get 100k people to sign a petition to get it on the ballot. Most never make it into law. Currently they are pushing a 1:12 plan which would limit the pay of the highest paid person in the company to 12x what the least paid person receives. It appears doomed. Apparently enough people have realized that the CEO’s would simply restructure the companies and / or outsource the “cheap” jobs ....


25 posted on 10/06/2013 1:08:25 AM PDT by An.American.Expatriate (Here's my strategy on the War against Terrorism: We win, they lose. - with apologies to R.R.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: An.American.Expatriate

Thanks - danke - for the on the spot reporting. I lived there for a decade as well, and worked in human resources. So I know the system as it was 15 years ago pretty well. I do think we could have benefitted from going more Swiss re health insurance instead of this crap.

The three levels of insurance - private, semiprivate, and ward, mean that you get what you pay for, and if you can’t afford much, your care is decidedly less good. That is how everything should be in life. You pay $500, your TV is not as nice as when young $5000. ObamaCare should offend everyone’s sense of fairness and decency.


26 posted on 10/06/2013 1:30:03 AM PDT by Yaelle
[ Post Reply | Private Reply | To 25 | View Replies]

To: Oldeconomybuyer
Why not $280,000,000 per month?

Because anything over $240,000,000 per month is just plain silly.

27 posted on 10/06/2013 4:20:27 AM PDT by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Thommas
And how many Amish are within their borders?

There's your key factor.

28 posted on 10/06/2013 4:26:08 AM PDT by OldPossum
[ Post Reply | Private Reply | To 12 | View Replies]

To: grundle

How is this any differnt here, it’s just under multiple programs we have welfare, food stamps, housing, obamacare, social security and disability


29 posted on 10/06/2013 5:25:23 AM PDT by ronnie raygun
[ Post Reply | Private Reply | To 1 | View Replies]

To: grundle

In the short run, this may help some in poverty, but in the long run it will destroy the Swiss virtues of hard work & personal responsibility.

As a college student, I spent a summer working in a bakery in Switzerland. At lunch one day, an old worker & I talked. He said to me, “the difference between the Swiss & the Americans is that the Swiss live to work, while the Americans work to live”.

Right or wrong, the Swiss are coming around to our way of thinking. IMO, it’s a big mistake.


30 posted on 10/06/2013 5:50:32 AM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SatinDoll

Yes. The behavior is essentially theft and it represents a moral breakdown in society due to a moral breakdown of the majority of individuals in a society. Once stealing a citizens money from the treasury begins national destruction is inevitable. At least that is the lesson of history. It seems that only in the furnace of misery can the steel of individual morality be forged.


31 posted on 10/06/2013 7:52:12 AM PDT by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
[ Post Reply | Private Reply | To 23 | View Replies]

To: All

If switzerland has strict controls over immigration and ends all other welfare I could believe this could work.


32 posted on 10/06/2013 8:42:40 AM PDT by escapefromboston (manny ortez: mvp)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-32 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson