Finland's universal basic income brings happiness but is 'unsustainable,' study finds

Source: Fox News - View Original Article
Published: May 07, 2020
Category:
Bias Rating:

79% Conservative


Bias Score Calculation:


Policies:

Taxes
Universal Basic Income

Sentiments

93% "APP Let's see what works, what is operational, and what needs other attention?""
84% "It has even caught the eye of House Speaker Nancy Pelosi, D-Calif.""
76% "Is that worthy of attention now?""
66% "CLICK HERE FOR THE FOX NEWS""
65% "This was a big carrot, and we can see it didn't fully work, he said.""
64% "Fox News' Edmund DeMarche contributed to this report.""
55% "House Democrats call for $2000 monthly payments to most Americans amid coronavirus crisis Get all the latest news on coronavirus and more delivered daily to ..."
53% "Perhaps so, she said on MSNBC.""
52% "Finland in 2017 and 2018 gave a monthly check of $685 to its unemployed between ages 25 and 58.""
-60% "The study also didn't see a significant boost to the job market by implementing the program, with participants finding work roughly in line with ..."

We have listed the top 10 sentiments. More sentiments do exist. Please review the full article for more information.



*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

Extremely
Liberal

Very
Liberal

Moderate-left

Neutral

Moderate-right

Very
Conservative

Extremely
Conservative

100%

100%

Contributing sentiments towards policy:

93% : APP "Let's see what works, what is operational, and what needs other attention?
84% : It has even caught the eye of House Speaker Nancy Pelosi, D-Calif.
76% : Is that worthy of attention now?
66% : CLICK HERE FOR THE FOX NEWS
65% : "This was a big carrot, and we can see it didn't fully work," he said.
64% : Fox News' Edmund DeMarche contributed to this report.
55% : House Democrats call for $2000 monthly payments to most Americans amid coronavirus crisis Get all the latest news on coronavirus and more delivered daily to your inbox.
53% : Perhaps so," she said on MSNBC.
52% : Finland in 2017 and 2018 gave a monthly check of $685 to its unemployed between ages 25 and 58.
40% : The study also didn't see a significant boost to the job market by implementing the program, with participants finding work roughly in line with the control group, according to Bloomberg.
37% : , as well as House Democrats such as Rep. Alexandria Ocasio-Cortez, D-N.Y.
36% : A study into universal basic income in Finland found that while the left-wing solution raised happiness levels, it didn't boost the job market and was found to be "unsustainable" -- just as the radical idea has picked up steam in the U.S. amid the coronavirus crisis.
35% : But it was shut down at the end of 2018, amid complaints by critics that it would require an additional 30 percent in taxes on top of what Finns already pay in taxes.
35% : But Karl Hamalainene, chief researcher at the VATT Institute for Economic Research, said a universal basic income would be "expensive" and, based on the results of the study, "unsustainable.
33% : According to Bloomberg News, the study found that giving people free money improved their mental well-being as it made them feel more secure about their finances.
31% : The idea has been promoted by a host of Democrats, including former 2020 candidates Andrew Yang and Sen. Bernie Sanders, I-Vt.
29% : With the Trump administration sending out $1,200 stimulus checks to most Americans as a one-off payment, some have seen that as a possible starting point to make those payments bigger and more frequent.
28% : , who said recently the idea could be "worthy of attention."
27% : Sign up here.
27% : The study is a dent in the hopes of a number of left-wing Democrats who are increasingly seeing universal basic income as one of a number of solutions to solve inequality and poverty, and more recently to help sustain struggling Americans through the coronavirus pandemic. PELOSI FLOATS GUARANTEED MINIMUM INCOME AS PART OF CORONAVIRUS RESPONSE
22% : CLICK HERE FOR COMPLETE CORONAVIRUS COVERAGE
17% : It was considered a pilot program -- serving 2,000 randomly selected jobless people -- that its founders hoped to expand.
14% : Others have suggested a minimum income, a guaranteed income for people.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization

Share via
Copy link
Powered by Social Snap