Tuesday, April 7, 2020

Spain is adjusting to reality

Spanish Economy Minister Nadia Calvino said the coronavirus-stricken nation intends to implement a universal basic income program as soon as possible to blunt the pandemic’s economic impact.

[...]

While the immediate goal of the program will be to provide relief to families that have lost income due to virus-related lockdowns, the country is developing it with an eye toward making it a resource “that stays forever, that becomes a structural instrument, a permanent instrument,” she said, according to Bloomberg.

Spain’s virus outbreak is the second-worst in Europe behind Italy.

[...]

The Spanish government has implemented numerous relief policies for companies and self-employed workers affected by pandemic-related closures and said more will likely be necessary.

  The Hill
If you want to be right about saying "it could never happen here" about something, this would be it.

...but hey, do what you want...you will anyway.

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