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Could the government afford a Universal Basic Income?

3 replies

DreamChaser23 · 20/03/2020 22:41

Say adults 18 or above till death receive £13k a year. Probably over 50 million would be eligible so if we say 50 million it would cost £650bn a year.

I feel that UBI is definitely needed considering that soon a lot of jobs will be automated.

OP posts:
Sunshinedaffodil · 20/03/2020 23:23

What so you dont have to earn that money, you just receive it? Where is this money going to come from if no one was working? Why would people try to get a job that earns enough to pay tax if they can get money for free?

chipsandgin · 20/03/2020 23:27

Seems unlikely - I work really fucking hard, often at the expense of time with my children to earn 15k a year. I take home around £1k a month, so less than you are suggesting. You want to give me that for free then great, but who the fuck will pay for it!?

Anothercovid1 · 20/03/2020 23:28

Not without lowering the amount with give to disabled people and families and not with the economy in as shit shape as it is in now.

That is £650bn, the nhs costs 150bn ish a year and we currently spend 250bn ish on benefits (but this includes state pension).

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