- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Spain to implement permanent UBI
Posted on 4/6/20 at 4:23 pm
Posted on 4/6/20 at 4:23 pm
Ship dims and illegals to Spain.
LINK
Spain is responding to the coronavirus crisis with a plan to launch a universal basic income program in the near future, Forbes reported, but the program isn't just for the pandemic — it will become permanent, Spain's Economy Minister Nadia Calvino said.
What's the story? Spain, like other nations whose economies have been devastated by the coronavirus-related shutdowns, passed a stimulus package to ease the disruption. Measures include pausing all mortgage payments and giving money to businesses that are struggling.
The next step is a universal basic income that Calvino said is a direct response to the coronavirus emergency, but which will also remain after COVID-19 has passed. From Bloomberg:
Social Security Minister Jose Luis Escriva is coordinating the project and plans to put some sort of basic income "in place as soon as possible," with the main focus on assisting families, Calvino, who also serves as deputy prime minister, said in an interview Sunday night with Spanish broadcaster La Sexta.
But the government's broader ambition is that basic income becomes an instrument "that stays forever, that becomes a structural instrument, a permanent instrument," she said.
Desperate times, desperate measures: Spain is among the countries hardest hit by COVID-19, along with China, Italy, and the United States. More than 13,000 people in Spain have reportedly died from the coronavirus.
Spain using an emergency to implement a drastic, permanent policy change like universal basic income is an example of what some in the U.S. fear politicians will attempt to do.
California Democratic Gov. Gavin Newsom said last week that he views the coronavirus outbreak as an opportunity to move toward a new "progressive era." South Carolina Democratic Rep. Jim Clyburn said last month that the crisis presented a chance for Democrats to "restructure things to fit our vision."
The economic problems in the U.S. have led Congress to pass a stimulus bill that includes direct cash payments to Americans based on their reported income. There are no plans at this time for future aid payments, although that is subject to change depending on the length of time non-essential businesses are closed.
LINK
Spain is responding to the coronavirus crisis with a plan to launch a universal basic income program in the near future, Forbes reported, but the program isn't just for the pandemic — it will become permanent, Spain's Economy Minister Nadia Calvino said.
What's the story? Spain, like other nations whose economies have been devastated by the coronavirus-related shutdowns, passed a stimulus package to ease the disruption. Measures include pausing all mortgage payments and giving money to businesses that are struggling.
The next step is a universal basic income that Calvino said is a direct response to the coronavirus emergency, but which will also remain after COVID-19 has passed. From Bloomberg:
Social Security Minister Jose Luis Escriva is coordinating the project and plans to put some sort of basic income "in place as soon as possible," with the main focus on assisting families, Calvino, who also serves as deputy prime minister, said in an interview Sunday night with Spanish broadcaster La Sexta.
But the government's broader ambition is that basic income becomes an instrument "that stays forever, that becomes a structural instrument, a permanent instrument," she said.
Desperate times, desperate measures: Spain is among the countries hardest hit by COVID-19, along with China, Italy, and the United States. More than 13,000 people in Spain have reportedly died from the coronavirus.
Spain using an emergency to implement a drastic, permanent policy change like universal basic income is an example of what some in the U.S. fear politicians will attempt to do.
California Democratic Gov. Gavin Newsom said last week that he views the coronavirus outbreak as an opportunity to move toward a new "progressive era." South Carolina Democratic Rep. Jim Clyburn said last month that the crisis presented a chance for Democrats to "restructure things to fit our vision."
The economic problems in the U.S. have led Congress to pass a stimulus bill that includes direct cash payments to Americans based on their reported income. There are no plans at this time for future aid payments, although that is subject to change depending on the length of time non-essential businesses are closed.
17
Posted on 4/6/20 at 4:27 pm to Crimson Wraith
I’m sure that the people of Catalonia are fricking LOVING this.
Part of why they voted in a referendum for independence was that they were propping up the remainder of the country.
Part of why they voted in a referendum for independence was that they were propping up the remainder of the country.
Posted on 4/6/20 at 4:27 pm to Crimson Wraith
Franco gotta be rolling over in his grave at this bs.
This post was edited on 4/6/20 at 4:27 pm
Posted on 4/6/20 at 4:28 pm to lowspark12
You realize this is coming to America soon as well, don't you?
Posted on 4/6/20 at 4:29 pm to Kester5144
It will fail in Europe so quickly it won’t have a chance to be implemented in the USA.
Posted on 4/6/20 at 4:29 pm to Crimson Wraith
"permanent" is always an amusing term, but especially so in this case.
Posted on 4/6/20 at 4:31 pm to Crimson Wraith
Spain soon to have an economy on par with Venezuela
Posted on 4/6/20 at 4:31 pm to teke184
quote:
I’m sure that the people of Catalonia are fricking LOVING this. Part of why they voted in a referendum for independence was that they were propping up the remainder of the country.
Yep...they're about to say fuuuuuuuuuuuck this.
Posted on 4/6/20 at 4:32 pm to Crimson Wraith
quote:
Spain is responding to the coronavirus crisis with a plan to launch a universal basic income program in the near future
Now all they have to do is get Germany to pay for it. Buena suerte !!
Posted on 4/6/20 at 4:34 pm to Crimson Wraith
These European countries are so stupid. They're going to collapse so hard it's not even funny.
Posted on 4/6/20 at 4:36 pm to olemissfan26
You can deny it all you want. But America, as well as the rest of the United Nations has very specific goals outlined for Agenda 2030. Things are about to start changing very rapidly. Crazy legislation to control the people, in the name of equality, women's rights, etc. Also in the name of "protecting us."
LINK /
LINK /
Posted on 4/6/20 at 4:36 pm to Crimson Wraith
Well this should be a good test for other countries including ours to see what UBI would do to the economy.
Posted on 4/6/20 at 4:37 pm to olemissfan26
quote:
It will fail in Europe so quickly it won’t have a chance to be implemented in the USA.
Didn't Finland do a trial run on this and then ditched the idea after they saw it failing? Thought I read that while ago.
Posted on 4/6/20 at 4:38 pm to BIGFOOD
“The right people haven’t tried it yet.” - The inevitable answer to “It has always failed before.”
Posted on 4/6/20 at 4:39 pm to BIGFOOD
quote:
Didn't Finland do a trial run on this and then ditched the idea after they saw it failing? Thought I read that while ago.
Finland has an OKAY economy relative to the rest of Europe, Spain does not.
This is doubling down on their massive social welfare. At least they're showing the world how stupid and wasteful it is.
Posted on 4/6/20 at 4:41 pm to Crimson Wraith
According to Nadia Calvino, the Spanish Minister of Economy, it is a Minimum Vital Income, not a Universal Basic Income. Jorge Escriva, another minister, says that it is a pilot program. The main difference between the two is that the Minimum Vital Income will probably be means-tested. I don't know the trustworthiness of this source, but here is the Deputy Prime Minister discussing it in Spanish.
LINK
LINK
Posted on 4/6/20 at 4:42 pm to olemissfan26
quote:they will just come calling to daddy USA to save them
It will fail in Europe so quickly it won’t have a chance to be implemented in the USA.
Posted on 4/6/20 at 4:42 pm to Crimson Wraith
And these people will be the first ones to complain when the EU starts to drop the hammer on their inevitable debt
Posted on 4/6/20 at 4:44 pm to upgrayedd
quote:
And these people will be the first ones to complain when the EU starts to drop the hammer on their inevitable debt
The EU will dissolve. It's done. The euro is also dead.
Posted on 4/6/20 at 4:45 pm to crazy4lsu
quote:Sounds like the same thing? I know Milton Friedman called UBI a negative income tax, and Andrew Yang called it a freedom dividend, and Alaska calls it a permanent fund dividend. But it is the same concept.
it is a Minimum Vital Income, not a Universal Basic Income
Page 1 of 2
Back to top
Follow TigerDroppings for LSU Football News