Swiss Basic Income Plan
Posted: Tue Apr 15, 2014 9:33 am
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“If you weren’t afraid of anything, what would you do?” is a common question asked to inspire one to let go of any limitations holding them back. And while it’s an exhilarating ponderance, the reality is that most have financial obligations and dependents relying on their monetary income to survive. And with pressure like that, there’s not always opportunity to day-dream when day-to-day concerns demand constant attention.
But to alleviate this issue and provide opportunity beyond basic growth, the Swiss have devised a plan. Whether one is working or not, Switzerland may start paying its citizens the equivalent of about $2,000 per month. This procedure is based on the idea that citizens will have more time to devote to things they are intrinsically interested in, rather than spending the majority of their time worrying about how they are going to survive.
It sounds like fantasy, especially because many individuals with entry level positions find it hard to meet their needs, but if voted and passed by the people, may become reality. This income initiative would provide every Swiss citizen a living wage so they can always survive without financial worry.
To be paid the 2,500 francs a month would equal out to about 30,000 Swiss francs per year. But because Switzerland is the third most expensive country in Europe, it will be money well spent. Citizens pay particularly high prices for meat, cooking oil, fish, and vegetables. Basic utilities (heat, water, electricity, garbage) can also run up the bill, with the average cost around 200 francs per month. And an average one-bedroom apartment in the city center goes for about 1,400 francs / month.
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