Switzerland votes against UBI

Seems the path towards acceptance of the UBI is not going to be smooth:

Swiss voters reject proposal to give basic income to every adult and child

Exit polls suggest 78% voted against scheme to give £1,765 a month to each adult, which supporters say would help fight poverty and inequality

Swiss voters have overwhelmingly rejected a proposal to give the entire population of the country enough money to live on, according to exit polls.

A projection provided to the public broadcaster RTS said 78% had voted against all Swiss citizens, along with foreigners who have been residents in Switzerland for at least five years, being given a universal basic income, or UBI.

Supporters said providing such an income would help fight poverty and inequality in a world where good jobs with steady salaries are becoming harder to find.

The result comes as no surprise, however opinion polls ahead of the vote had indicated more than 70% of Swiss voters opposed the measure. The Swiss government and nearly all the country’s political parties had urged voters to reject the initiative.

Critics have called the initiative “a Marxist dream”, warning of sky-high costs and people quitting their jobs in droves, to the detriment of the economy. “If you pay people to do nothing, they will do nothing,” said Charles Wyplosz, economics professor at the Geneva Graduate Institute. …

The “Marxist dream” framing isn’t exactly helpful in what should be an important and fact-based debate.

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