Finland is ending a test program that provides guaranteed income to unemployed citizens, according to new reports. Universal basic income is a modern welfare scheme through which citizens are granted a consistent, livable income from the government, without condition. Finland adopted its program in 2017, giving 2000 randomly selected, unemployed citizens about $670 each month for two years. That money is not taxed by the government. While the program gained global notoriety as economies across the globe grapple with changing labor force trends, members of Finland’s welfare bureau have reportedly said the country’s government will not continue with the program in its current form. https://www.foxbusiness.com/politics...program-report
Well I guess giving people money for doing nothing did not turn out to be a positive wealth builder.