http://www.bloombergquint.com/onweb/free-money-swiss-village-can-t-raise-enough-funds-to-experiment#gs.g9kFlB4
By Catherine Bosley
Bloomberg
December 4, 2018
A village in northern Switzerland hoping to pay people up to 2,500 francs ($2,510) a month has failed to raise enough funds for the basic income project.
The crowdfunding campaign yielded just 151,836 francs, a fraction of the 6.1 million francs required for the experiment.
More than half the 1,300 inhabitants of Rheinau, by the River Rhine close to the German border, had signed up to be part of the test. It was led by filmmaker Rebecca Panian, who hoped to make a film about it and had set a self-imposed deadline of Tuesday for the fund raising.
Although the concept of paying people money with no strings attached has been around for more than a century, it has garnered more attention in recent years due to worries about rising inequality and jobs losses due to automation.
The Swiss rejected an unconditional basic income in a national plebiscite in 2016.
Hmmm ... so, you want 6.1 million francs to dole out 30,000 francs per year per deserving person? That's enough for 203 recipients. Therefore ... if you kept this all amongst the residents of Rheinau ... the remaining 1,097 residents would need to pony up 5,561 francs each, which amounts to roughly 2.25 months worth of "basic income." You want 84.38% of the population ... each man, woman, and child that isn't deemed worthy to be on the dole ... to piss away 18.75% of their annual "basic income" so 15.62% of the population can enjoy the fruits of other people's labor? And, you wonder why your crowdfunding campaign isn't coming through as you ignorantly anticipated???
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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