Ontario's New Conservative Government To End Free Money 'Basic Income' Experiment

The new conservative government in Ontario, Canada, plans to end its experimental UBI program, calling it "expensive and unsustainable."

Liberals around the globe love the idea of free money. They call it "universal basic income" (UBI). It works like this: Taxpayers earn a bunch of money and send it to the government, which gives it to other people, whether they have jobs or not.

Pretty sweet deal, right? All the big tech moguls, like Elon Musk and Mark Zuckerberg, think it's great. So do liberal politicians around the world. The socialist Scandinavian countries have all experimented with the program, and one California city is getting ready to do so in 2019.

But the new conservative government in Ontario, Canada, plans to end its experimental UBI program, calling it "expensive and unsustainable," The Guardian reports.

But the newly-elected government isn't going to go along with the program. "On Tuesday, Lisa MacLeod, the Ontario minister responsible for social services, announced the end of the pilot, which she described as 'quite expensive,' adding that it was 'clearly not the answer for Ontario families,'" the Guardian reported.

“It was certainly not going to be sustainable,” she said. “Spending more money on a broken program wasn’t going to help anyone.”

Finland has also decided to bag its UBI program.

Read the rest of the article here.

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