England to Roll Out Guaranteed Basic Income Pilot

England will provide thirty individuals £1,600 per month to study Guaranteed Basic Income, also known as Universal Basic Income (UBI). The pilot program will monitor these individuals for two years to see how they put the money to use. As I noted in the blog post about the Cloward-Piven study, there must be no conditions for true Guaranteed Basic Income to work. That means that those chosen will effectively receive a “free” government handout at the expense of the working taxpayers.

The working taxpayers in lower earning brackets will likely look at those receiving free handouts and wonder how they too can get in on the scheme. “This is a substantial amount. Universal basic income usually covers people’s basic needs but we want to see what effect this unconditional lump sum has on people’s mental and physical health, whether they choose to work or not,” Will Stronge, the director of Autonomy thinktank, told the Guardian. “Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead. This is why building the evidence base and public engagement now is so important, so the ground is well prepared for national implementation.”

They are already setting the precedent for a need for a welfare state. They’re purposely using a small sample size of 30 so that they do not need to show the drain the welfare system causes on the system. Those behind the social experiment claim UBI could eliminate poverty and create a perfect utopia. There is not ONE example in history where socialism has worked. Global governments have exacerbated inflation and the cost of living, and now they want you to rely on them for your needs solely. Socialism is never free. They will need to raise taxes and take from others to redistribute wealth, providing no incentive to work or for innovation to take place. As Margaret Thatcher said, “The trouble with Socialism is that eventually, you run out of other people’s money.”

The post England to Roll Out Guaranteed Basic Income Pilot first appeared on Armstrong Economics.

Latest Posts

Alexander the Great Silver Drachms

  There is no other person throughout history whose name and accomplishments influenced so many, from Julius Caesar to Napoleon, like Alexander the Great. Born a son of the Macedonian [...]
Read more

The message

COMMENT: Mr. Armstrong ….. I do hope this article ‘sinks in’ and we finally will get an objective  government also being replicated around the world!! Opa’91 Survivor of WWII in [...]
Read more

Market Talk – January 21, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 125.48 points or 0.32% to 39,027.98 • Shanghai decreased 1.75 points or -0.05% to 3,242.62 [...]
Read more

Canada Created its Own Trade Barriers

Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International [...]
Read more