Monday, 7 August 2017

Finland's basic income trial





~In February, Finland’s biggest union said the experiment was unaffordable and would encourage some people to work less while driving up wages in undesirable professions.~

LOL 


~The union, which represents almost 1 million members, or a fifth of the Finnish population, said the model being tested is, “impossibly expensive, since it would increase the government deficit by about 5 per cent” of gross domestic product.~

5% is NOTHING 


Let's see it from their POV. UBI helps those sectors in which union presence is low or absent, thus increasing wages in direct employee/employer negotiations. And since a percentage of the population might drop from the regular workforce, that could potentially translate into lower union memberships.

Read the story here

No comments:

Post a Comment