Therein lies the difference between a Universal Income, and Universal Basic Income. The latter covering just the basics.
The test have shown that a UBI is actually cheaper than the current benefits system, since the administrative overhead (which is typically 30% to 50% of the entire cost of welfare) is so much less.
Basically, you could take the entire budget for social welfare and use that for a UBI scheme, increase what people would receive by 20% over the current system, and still make a saving of 10-20%.
No, what stands in the way is the entrenched idea that 'poors' have to somehow prove they deserve government support, and UBI smacks too much of a free 'handout'.
Re: Yes ...
Date: 2025-05-28 10:07 am (UTC)The test have shown that a UBI is actually cheaper than the current benefits system, since the administrative overhead (which is typically 30% to 50% of the entire cost of welfare) is so much less.
Basically, you could take the entire budget for social welfare and use that for a UBI scheme, increase what people would receive by 20% over the current system, and still make a saving of 10-20%.
No, what stands in the way is the entrenched idea that 'poors' have to somehow prove they deserve government support, and UBI smacks too much of a free 'handout'.