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  • THANKS FOR SPENDING YOUR

  • TUESDAY WITH US ON "MID-

  • MORNING."

  • FINLAND IS ENDING ITS

  • EXPERIMENT WITH PAYING ALL

  • CITIZENS A UNIVERSAL BASIC

  • INCOME.

  • 2,000 CITIZENS WHO WERE

  • UNEMPLOYED WERE GIVEN A MONTHLY

  • PAYMENT.

  • IN THE U.S., WHEN YOU COLLECT

  • UNEMPLOYMENT, YOU HAVE TO MEET

  • CERTAIN CONDITIONS.

  • THEY SAID WHAT IF WE JUST GAVE

  • PEOPLE MONEY AND SAID HERE IT

  • IS.

  • TRYING TO FIND A JOB.

  • THEY TRIED IT FOR OVER A YEAR.

  • THE POLITICIANS AND THE GENERAL

  • PUBLIC GREW WEARY OF IT.

  • THERE IS A LACK OF TRUST THAT

  • WHEN YOU GIVE PEOPLE MONEY AND

  • SAY FIND A JOB THAT PEOPLE

  • DON'T REALLY HAVE AN INCENTIVE

  • TO FIND THAT JOB.

  • I THINK SO.

  • I KNOW IT WASN'T THAT MANY

  • PEOPLE.

  • YOU SAID 2,000.

  • WHEN YOU ARE TALKING ABOUT

  • GIVING OUT MONEY -- AND THEY

  • GET TO KEEP IT -- EVEN IF THEY

  • FIND A JOB.

  • I FEEL LIKE I WOULD NOT BE AS

  • MOTIVATED IF I KNEW I HAD A

  • CUSHION.

  • SOME PEOPLE THINK THE

  • REGULAR UNEMPLOYMENT SYSTEM

  • DOESN'T GIVE PEOPLE ENOUGH OF

  • AN INCENTIVE TO GET OUT AND

  • FIND A JOB.

  • THIS WAS SUPPOSED TO BE THE

  • STARTING POINT IN A PROJECT

  • THAT WOULD WORK TOWARDS

  • UNIVERSAL BASIC INCOME.

  • THIS WAS JUST FOR PEOPLE THAT

  • WERE UNEMPLOYED.

  • MAYBE WE SHOULD UNDERSCORE

  • THAT POINT.

  • THE REASON THIS IDEA OF

  • UNIVERSAL BASIC INCOME HAS A

  • GREAT NUMBER OF PEOPLE

  • INTERESTED IN IT IS BECAUSE

  • THIS IDEA OF GIVING EVERYONE --

  • IF YOU GAVE EVERYONE AN INCOME

  • PEOPLE WOULD BE WILLING TO TAKE

  • A RISK AND APPLY FOR A NEW JOB

  • OR QUIT A JOB WHERE THEY

  • WEREN'T GETTING PAID WELL.

  • THAT CHANGE IN THE ECONOMY

  • WOULD CHANGE SUPPLY AND DEMAND.

  • THERE HAVE BEEN STUDIES THAT

  • SHOW $6,000 A YEAR DOESN'T

  • NEGATIVELY IMPACT THE LABOR

  • FORCE.

  • IT ENCOURAGES PEOPLE TO SEEK

  • HIGHER EDUCATION.

  • THERE IS ALSO DECREASES IN DRUG

  • USE.

  • YOU ARE NOT PAYING SOMEBODY A

  • SALARY TO GET BY ON FOR A YEAR.

  • BUT MAYBE IT IS ENOUGH WHERE A

  • SINGLE MOM CAN PAY FOR DAYCARE

  • SO SHE CAN GET BACK IN THE WORK

  • FORCE OR TAKE CARE OF BILLS

  • WHERE YOU FEEL LIKE YOU HAVE

  • THE OPPORTUNITY TO TRY FOR A

  • SCHOOL.

  • ON THE FLIP SIDE YOU HAVE TO

  • LOOK AT WHO IS PAYING FOR THIS.

  • THEY SAID 70% OF PEOPLE

  • SUPPORTED THIS UNTIL THEY HAD

  • TO RAISE THEIR TAXES MORE TO

  • PAY FOR IT.

  • THEN ONLY HALF OF THE NUMBER

  • WANTED IT.

  • I WONDER HOW MUCH OF THAT

  • WAS THAT THEY WERE NOT

  • SELECTED.

  • STOCKTON, CALIFORNIA IS DOING A

  • SIMILAR PROGRAM IN AUGUST WHERE

  • EVERYONE WILL BE ELIGIBLE TO

  • GET THE MONEY.

  • THE COST IS TREMENDOUS.

THANKS FOR SPENDING YOUR

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