“Basic Income” flopped in the most homogenous socialist western country. But our progressives insist it will work in the US.
It will fail for the same reasons that socialism fails every time it’s attempted.
Basic income trial falls flat in Finland
The Finnish government has decided not to expand a limited trial in paying people a basic income, which has drawn much international interest. Currently 2,000 unemployed Finns are receiving a flat monthly payment of €560 (£490; $685) as basic income. “The eagerness of the government is evaporating.