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Economy => Economics => Topic started by: Hannu on December 08, 2016, 08:55:47 PM



Title: Basic income cut in Finland -> trouble
Post by: Hannu on December 08, 2016, 08:55:47 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



Title: Re: Basic income cut in Finland -> trouble
Post by: odolvlobo on December 09, 2016, 12:44:50 AM
Relying on basic income is a trap that far too many people will fall into.


Title: Re: Basic income cut in Finland -> trouble
Post by: darkangel11 on December 09, 2016, 01:35:35 AM
In many countries there is no basic income or it is only given to families with children. How much is the basic income in Finland ATM? A quick search gave me an article saying that it's about $600.
If this is correct it means you're getting more money for staying at home and banging your women than people South of you get on their monthly paychecks!


Title: Re: Basic income cut in Finland -> trouble
Post by: cakravothy on December 09, 2016, 10:19:40 AM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar


Title: Re: Basic income cut in Finland -> trouble
Post by: DimensionZ on December 09, 2016, 11:22:10 AM
This basic income will be paid every month to unemployed people who are currently on welfare benefits. It will be a test project and will only be available for a randomly chosen group:

Quote
Finland is about to launch an experiment in which a randomly selected group of 2,000–3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The amount is the same as the current guaranteed minimum level of Finnish social security support. The pilot study, running for two years in 2017-2018, aims to assess whether basic income can help reduce poverty, social exclusion, and bureaucracy, while increasing the employment rate.

I think it will have a positive effect on the employment rate  ;) But perhaps the Finnish government will have to raise the taxes in order to collect more money to give away to jobless people.


Title: Re: Basic income cut in Finland -> trouble
Post by: Zadicar on December 09, 2016, 02:21:22 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar
It maybe still good amount for us but for those people who live their will surely get mad same as OP because we know that standards of living there is not the same on the place we are living. I dont know whats the reason behind those deductions but i doubt they have a plan regarding on your country and some members said  here that they are planning to increase employment rate.


Title: Re: Basic income cut in Finland -> trouble
Post by: pereira4 on December 09, 2016, 03:10:08 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar

Lol how can finland have a basic income of 3000+ that's stupid. The basic income in Finland is if I understood correctly,about 500 dollars which is not bad considering in other european countries the minimum wage is less than that basic income... but I guess the cost of living in finland is higher than in said countries so at the end of the day is the same, you are fucked if you dont have a good paying job or business.


Title: Re: Basic income cut in Finland -> trouble
Post by: chesatochi on December 09, 2016, 03:48:25 PM
I don't think is a good idea to cut in services that people really need, if you cut the basic income of that amount in Finland. The people who receive the basic income from that service will get even deeper in the hole :(

The government should not cut in the essential services, on the contrary, they should provide more in order to help the people who really need it.


Title: Re: Basic income cut in Finland -> trouble
Post by: just_Alice on December 09, 2016, 04:21:46 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



$215 per day is a pretty good money, you shouldn't be complaining IMO. Where I live most people barely make $12 per day. Btw if your income is low you can leave the Capital City Helsinki and move to a place where the life is cheaper.


Title: Re: Basic income cut in Finland -> trouble
Post by: eternalgloom on December 09, 2016, 06:01:53 PM
This basic income will be paid every month to unemployed people who are currently on welfare benefits. It will be a test project and will only be available for a randomly chosen group:

Quote
Finland is about to launch an experiment in which a randomly selected group of 2,000–3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits. The amount is the same as the current guaranteed minimum level of Finnish social security support. The pilot study, running for two years in 2017-2018, aims to assess whether basic income can help reduce poverty, social exclusion, and bureaucracy, while increasing the employment rate.

I think it will have a positive effect on the employment rate  ;) But perhaps the Finnish government will have to raise the taxes in order to collect more money to give away to jobless people.
What is the cost of living in Finland and how does it compare to cost of living in other West European countries?
Is it possible to rent a flat and pay for basic utilities with that amount of basic income? Seems to be fairly low if the cost of living is similar to that of my country (Belgium).


Title: Re: Basic income cut in Finland -> trouble
Post by: n691309 on December 10, 2016, 12:50:53 AM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(

How much was before? Is it only for one person or for the whole family! It really depends on he life expenses in the Finland but for some countries $215 is not bad if is only for a single person because of the cost living is less than in Finland. Finland is a Scandinavian country so the living costs should be more expensive.


Title: Re: Basic income cut in Finland -> trouble
Post by: Yakamoto on December 10, 2016, 03:16:35 AM
Relying on basic income is a trap that far too many people will fall into.
It's a trap that governments want their people to fall into.

Any government in power that sets up and makes a basic income system that a ton of people begin to rely on will for sure be voted in repeatedly, or they will at least make sure a political party considering getting rid of it never gets in. It's like Democrats and welfare promises - campaign on social issues and get people living on welfare so that anyone wanting to minimize it (Republicans) essentially lose a huge chunk of a voter base.


Title: Re: Basic income cut in Finland -> trouble
Post by: darkangel11 on December 10, 2016, 03:29:45 AM
$215 per day is a pretty good money, you shouldn't be complaining IMO. Where I live most people barely make $12 per day. Btw if your income is low you can leave the Capital City Helsinki and move to a place where the life is cheaper.

Per day? Wake up, and do the math, it would add up to $6,5k a month ;D Nobody would be working in Finland if the wellfare was that high.


What is the cost of living in Finland and how does it compare to cost of living in other West European countries?
Is it possible to rent a flat and pay for basic utilities with that amount of basic income? Seems to be fairly low if the cost of living is similar to that of my country (Belgium).
The average wage is ~€3000, which is just a bit more than that in USD, but that is a net wage, so if we subtract the taxes they should be left with more than $2000 a month. Typical for a developed country if you ask me.
Are you getting money for doing nothing in Belgium? IMO $500, which is what they're getting right now for doing nothing, is a lot.


Title: Re: Basic income cut in Finland -> trouble
Post by: neochiny on December 10, 2016, 03:48:24 AM
In many countries there is no basic income or it is only given to families with children. How much is the basic income in Finland ATM? A quick search gave me an article saying that it's about $600.
If this is correct it means you're getting more money for staying at home and banging your women than people South of you get on their monthly paychecks!


Correct! They'd get about $600 for staying at home and not do anything while those who work, like a salesperson, earns $1500 a month. Guess where those basic income are coming from?
IMO, you should be thankful you're getting $600 without doing anything,and instead of being angry and dissatisfied, how about you find work and start earning that money for yourself.?

My government doesn't give basic income, yet we don't have citizens complaining that the government has to support them and give them money every month. Everyone understands that is for the senior citizens, people with disability and retired citizens who have worked 40 - 50 years for the country!
And, $600? That's double the minimum wage in my country. Plenty work 12 hrs a day, 7 days a week and not get that amount. We aren't entitled to anything and should work for ourselves.


Title: Re: Basic income cut in Finland -> trouble
Post by: The Sceptical Chymist on December 10, 2016, 04:38:55 AM
I'm not from Europe and am not familiar with "basic income".  Is that like public assistance, welfare, etc.?  As in money the government gives to you if you're unemployed?

Those sentiments about your government are shared throughout the world--very few people are happy with their leaders.  At least you don't have D. Trump as president.  Consider yourself very lucky over there in Finland.


Title: Re: Basic income cut in Finland -> trouble
Post by: DimensionZ on December 10, 2016, 05:19:16 AM
It's like getting welfare if you are living below the poverty line. But in order to distribute this basic income to unemployed people the government have to raise taxes for everyone else who is employed and they will be paying higher taxes to support the unemployed . I think the OP is disgruntled with how everything is getting more expensive in Finland due to this social security program.


Title: Re: Basic income cut in Finland -> trouble
Post by: Xester on December 10, 2016, 05:47:24 AM
You are very lucky with your situation right now. If you want you can transfer to our place in the Philippines. We are earning only 20$ a month and tha is below the minimum wage. Though I am working in the government I am not a regular employee and there are no benefits. If I stayed at home the government will not give me money for anything. NO work no pay. You are lucky finland government gives provisions to jobless individuals.

Come at my place and if you dont work, you will not earn, and you will die waiting for nothing. So be thankful of your governments effort, you are a lucky citizen.


Title: Re: Basic income cut in Finland -> trouble
Post by: Zadicar on December 10, 2016, 06:07:50 AM
You are very lucky with your situation right now. If you want you can transfer to our place in the Philippines. We are earning only 20$ a month and tha is below the minimum wage. Though I am working in the government I am not a regular employee and there are no benefits. If I stayed at home the government will not give me money for anything. NO work no pay. You are lucky finland government gives provisions to jobless individuals.

Come at my place and if you dont work, you will not earn, and you will die waiting for nothing. So be thankful of your governments effort, you are a lucky citizen.
Real talk here since im living on the same country as yours on which basic income is very low and the standard of living is somehow low compared to others thats why it depends on the economic state and they are basing on it thats why we have low salaries. In case of OP that basic salary for him is already not enough for him because the standard of living there is different and also telling him to transfer on our country is not easy., He will suffer for sure. hehe


Title: Re: Basic income cut in Finland -> trouble
Post by: MingLee on December 10, 2016, 06:29:37 AM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(
To be honest, as much as I love Finland, it's probably for the best that they're deciding to reduce some of the basic income they're giving out. It'll help more people go and get jobs and contribute more (presumably), so it might contribute towards the economic health of the nation.

I'm surprised so much is happening in Finland that appears to be negative, but I don't know enough about the country's government to have a good opinion.


Title: Re: Basic income cut in Finland -> trouble
Post by: anjelikahassan on December 10, 2016, 12:32:11 PM
Many of the people facing like this problems in their life. Some people still not ready to understand about their employers. That is what like this problems occurs in their employers life. But there are some people having their works neat and making their co workers happy always. When you look at caseqatar (http://caseqatar.com/) you will find how much important the workers for their firm.


Title: Re: Basic income cut in Finland -> trouble
Post by: amacar2 on December 10, 2016, 02:51:13 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(


You should consider yourself lucky to still have high basic income than other part of the world. But yes government will always suck from citizens raising taxes and with high inflation to print more fiat, that will increase cost of living.

Its Better to run own business rather than doing same thing whole day for whole life and earn fixed salary per month.


Title: Re: Basic income cut in Finland -> trouble
Post by: pereira4 on December 10, 2016, 03:35:21 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(


You should consider yourself lucky to still have high basic income than other part of the world. But yes government will always suck from citizens raising taxes and with high inflation to print more fiat, that will increase cost of living.

Its Better to run own business rather than doing same thing whole day for whole life and earn fixed salary per month.

Running your own business sounds easier said than done. Most business have a big initial investment, and if it goes bad, and odds are against you, you will go bankrupt in most cases. So the only viable business for poor people that need welfare would be an online business, and making money on the internet is hard. You need a lot of traffic to make 10 dollars a day, let alone more.


Title: Re: Basic income cut in Finland -> trouble
Post by: Hannu on December 11, 2016, 02:44:33 AM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar

Yea like engineers and doctors etc. If i have basic income over $3000 i build everything great when im not in working place :)


Title: Re: Basic income cut in Finland -> trouble
Post by: Factmine on December 11, 2016, 04:12:27 AM
You still have a really large yearly income. In our country the basic wage for the year is only $3,000. Compare this to your $215,000, damn that's a great discrepancy. You complain to much. The world isn't fair, and you live in a place that far better than others! Say you save around 80% of that money, you still have $40,000 a year. What you do is work there and spend else where. Retire in countries that as low cost of living (versus your country's cost of living), you'll live like a king for sure.


Title: Re: Basic income cut in Finland -> trouble
Post by: DimensionZ on December 11, 2016, 11:56:44 AM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar

Yea like engineers and doctors etc. If i have basic income over $3000 i build everything great when im not in working place :)

Basic income is not basic wage, guys. Basic income is the free money you get from the government while basic wage is the minimum salary you are guaranteed to receive by law IF you actually work the worst job ever. $3000/month in basic income is just too much.


Title: Re: Basic income cut in Finland -> trouble
Post by: davis196 on December 11, 2016, 02:38:40 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



I don`t understand.What exactly is "basic income"?

How come this is a trouble for you.

Everything is just fine in Finland from my point of view.


Title: Re: Basic income cut in Finland -> trouble
Post by: Zadicar on December 11, 2016, 02:53:53 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar

Yea like engineers and doctors etc. If i have basic income over $3000 i build everything great when im not in working place :)

Basic income is not basic wage, guys. Basic income is the free money you get from the government while basic wage is the minimum salary you are guaranteed to receive by law IF you actually work the worst job ever. $3000/month in basic income is just too much.
Thanks for clarifying because im quiet confused between the two regarding on basic income and basic salary/wage i though they are the same. Having basic income $3000/month is already too much for me i dont know why OP still complaining on that since the deduction is only a small partition of it.


Title: Re: Basic income cut in Finland -> trouble
Post by: yayayo on December 11, 2016, 05:26:22 PM
Basic income is a madman's idea to begin with. It should not even exist within a nation of intelligent individuals. But people complaining about not getting enough money for free should serve community work.

Only socialist daydreamers could come up with an idea such as basic income without any return service by the recipients of benefits. Thinking that basic income will improve the overall living situation is the same as thinking that printing more money will increase wealth. The simple reality based on logic is: If everyone receives a basic income without any preconditions, the basic income is worth nothing, because it is quickly inflated away by higher costs of living. For example, if a landlord can assume that everyone has at least a certain income, he/she will quickly raise the lease rate.

ya.ya.yo!


Title: Re: Basic income cut in Finland -> trouble
Post by: r0ach on December 11, 2016, 06:04:28 PM
In America black people write welfare carols talking about how great it is to receive checks from the government and talking about how they can't wait to spend it on booze or drugs:  

https://www.youtube.com/watch?v=4j_cOsgRY7w


Title: Re: Basic income cut in Finland -> trouble
Post by: Hannu on December 12, 2016, 03:09:26 PM
Hey,

Now i read our goverment planning -$215,89 "basic income" "daymoneys" next year  :-\
I hate our goverment, they have been eaten they promises, raise taxes and cost of living in
Capital City Helsinki area.   >:(



finland is very good is basic income in the world
alhought is reduce 215,89 dollar is still good salary,
iam read information in google, basic income in finland still over 3000 dollar

Lol how can finland have a basic income of 3000+ that's stupid. The basic income in Finland is if I understood correctly,about 500 dollars which is not bad considering in other european countries the minimum wage is less than that basic income... but I guess the cost of living in finland is higher than in said countries so at the end of the day is the same, you are fucked if you dont have a good paying job or business.

Yea, its more in dollars then euros :) Its minus $215,89 on basic income! :) Its fustrating progress on EU, i hate it!


Title: Re: Basic income cut in Finland -> trouble
Post by: Hannu on December 12, 2016, 03:25:09 PM
In America black people write welfare carols talking about how great it is to receive checks from the government and talking about how they can't wait to spend it on booze or drugs:  

https://www.youtube.com/watch?v=4j_cOsgRY7w

Why booze and drugs?  :o Theres are better opinion -> blockchain and hardware (to optimize example z-cash?)  ???


Title: Re: Basic income cut in Finland -> trouble
Post by: aapk on December 12, 2016, 09:13:21 PM
Wasn't Finland the first country to implement universal basic income?


Title: Re: Basic income cut in Finland -> trouble
Post by: aapk on December 12, 2016, 09:51:03 PM
Basic income is a madman's idea to begin with. It should not even exist within a nation of intelligent individuals. But people complaining about not getting enough money for free should serve community work.

Only socialist daydreamers could come up with an idea such as basic income without any return service by the recipients of benefits. Thinking that basic income will improve the overall living situation is the same as thinking that printing more money will increase wealth. The simple reality based on logic is: If everyone receives a basic income without any preconditions, the basic income is worth nothing, because it is quickly inflated away by higher costs of living. For example, if a landlord can assume that everyone has at least a certain income, he/she will quickly raise the lease rate.

ya.ya.yo!

Turning it around - I think it's a very intelligent thing actually. You see - there is a great degree of automation of labor going on. As Elon Musk said - it's only matter of time when the universal basic income will come. One criticism of UBI is that it would cause decrease of motivation to work among citizens. Idk if there's any studies on it but I'd actually think it could be the other way around: the motivation to work would increase as they are financially more secure - no need to worry about paying bills etc. The quality of work could increase as well as the type of work. Also: more spending = more economic growth.
One of the main ideas about UBI is that as the taxes and living costs get way too high then there is just a need for this thing.


Title: Re: Basic income cut in Finland -> trouble
Post by: viziano on December 12, 2016, 10:23:15 PM
I read that Finland is on of the best countries to live..
Like the other Scandinavian countries,but no lol


Title: Re: Basic income cut in Finland -> trouble
Post by: Hannu on December 24, 2016, 09:36:30 PM
I read that Finland is on of the best countries to live..
Like the other Scandinavian countries,but no lol

Finland IS BEST country to live! If your working in Finland you must accept diffirent cultures, we are part of EUROPE.
You cannot be racist, your boss is maybe black man in business suit. Turks running most of pizza/kebab places... Estonia and Russian workers construction site and almost everywhere.


Title: Re: Basic income cut in Finland -> trouble
Post by: Shiroslullaby on December 24, 2016, 09:47:26 PM
In America black people write welfare carols talking about how great it is to receive checks from the government and talking about how they can't wait to spend it on booze or drugs:  

https://www.youtube.com/watch?v=4j_cOsgRY7w

My gf worked at the welfare office and people would come in every month to get their checks or apply for benefits wearing fur coats and driving a brand new SUV.
I actually hope President Trump slashes benefits for people like this because they are leeches living off the hard work of others.
There is a term here- "Welfare Cadillac"
people driving a brand new car that taxpayers paid for and they don't even have gas money to fill the tank.


Title: Re: Basic income cut in Finland -> trouble
Post by: FlamingFingers on December 24, 2016, 10:11:55 PM
What is "basic income"?!!

Giving Unemployed people a chunk of money for free, so they can live, is something I always keep wondering about. Hell, there are some people who aren't even getting their monthly payment/salary for their work in my country.
I can't understand why would They deduct that money from employed/hard-working people to give it to unemployed one. Hence, I don't understand why the OP is sad (or angry) as his government deducted some of that free money which he didn't even lift a finger for it.