Switzerland had a referendum to give each citizen 2500 francs per month. The idea came about in 2013, but if passed would take one to two years to enact. Do you know what that would do to end poverty if this was enacted. It would be unconditional and guaranteed no matter if you work or not.
Boy if the US did something like that, it would end poverty. If the world did it, it would end world poverty over night. I read this article in the RT blog and it stated that Enno Schmidt is the creator of the Swiss Basic Income Initiative and he (Schmidt) stated that “It would be a historical landmark similar to the abolition of slavery or the civil rights movement. This man is a genius. Its citizens would not have to worry about how to pay their living expenses; would not have to make the hard decision of whether to put their elderly parent into a nursing home or stay home and take care of them; they could stay home with their newborn babies longer. The quality of life would change dramatically. The worries, stress, hopelessness, homelessness all would change overnight. God would look down on earth and say, “Well done good and faithful servants.” To not have to worry about how to survive. Hallelujah!
There is 6.7 billion people on this earth if each person was to get a fair share of dollars to do what they wish, that would add up to approximately $7,000 per person. There is enough money in the world to do this, but as usual politics always gets in the way. Or someone feels that it is unfair. But the question is: Do we really want to eradicate poverty? On the World Bank website, China says to end world poverty, people need access to a bank account or a card. I say no, people need m-o-n-e-y and then they will go get a bank account. People need to be able to create, to have access to business ventures and utilize their ideas with freedom without worry. The systems built up has failed us, companies have left to go to foreign countries, others are laying off at record numbers and prejudice still runs rampant.
Of course questions arise if it would replace the current welfare system, well of course it should and how will it be paid for. Well I say, “Just Do It.” The money is there and if it is not there they always find a way to do the things that they want to do, but I say the money is there. The world is rich. I use to think the world was poor until I saw all the money being poured into the governmental elections.
So the question next is what would people do with this money? Well they would spend it. Pay for the high cost of utilities, a decent place to live, take care of their kids, and whatever is left over they would go to the local businesses and shop. This means helping the economy, help more businesses to be created, help to build the world’s GDP (Gross Domestic Product) that is what the money would be used for. To start businesses, get out of debt, live in peace and harmony.
Think about this: How much money would be enough money for you to live off of comfortably? $1000 a month, $3,000 a month, $1 million, or $1 billion. They key word here is “comfortably.” How much do you think would get the stress off, the worry, the hopelessness. And I haven’t even mentioned health care. Think of how much crime would be reduced if people did not have to worry about money. Think of how happy the world would be.
Lastly, the reason the economies of the world are in such bad shape is because they are not putting the money into the hands of the people who will spend it. Its called the velocity of circulation of money. Velocity is the rate of speed that it takes for money to exchange hands from one person to another and this determines GDP.
I know many will think this is socialism or whatever other political term they can think of, but most people will see this as “survival.” Manna from heaven. Look into this Swiss referendum I think it is a “genius” of an ideal.