Sunday, June 5, 2016

Swiss Voters Reject "Money For Nothing" Plan

Nobody gets a free ride in Switzerland!

Swiss voters rejected by a wide margin on Sunday a proposal to introduce a guaranteed basic income for everyone living in the wealthy country after an uneasy debate about the future of work at a time of increasing automation.

Supporters had said introducing a monthly income of 2,500 Swiss francs ($2,563) per adult and 625 francs per child under 18 no matter how much they work would promote human dignity and public service.

Opponents, including the government, said it would cost too much and weaken the economy.

You can read the rest @
https://ca.news.yahoo.com/swiss-voters-decide-guaranteed-monthly-income-plan-103534182--business.html

Here's a question for you, Mr. and Mrs. Switzerland - Some day robots and AI will do most if not all work on this planet. What will be the source of people's income when that day arrives? The robots will turn some of us into pets, but what about the rest of us?

No comments:

Post a Comment