Spain’s €20,000 for all 23-year olds: radical, realistic, or ridiculous?

by thealejandrotauber

24 comments
  1. Ridiculous. If you want to infuse your own economy while helping young people start life then you can make shit like education free, give support to young bussines owners or help them with buying their first house.

    A shitload of money will be wasted on holidays, drinks, gambling, and other ameneties. Most of the money also wont stay within the local economy but will be drained to foreign markets.

  2. it works out as the same amount spent on universities.. it’s a stupid idea.

    But there’s an election next week…

  3. > radical, realistic, or ridiculous?

    There is another R word that would fit better I think…

  4. imagine missing out on this payment by a few months or year.. lol

  5. I’m 28 and would be fucking mad as hell if my taxes went up *again* for this.

  6. Sounds pretty silly to me: who’s gonna pay for this? What kind of problem is this supposed to be tackling, exactly? Throwing random money at an issue and hoping it will fix itself is never a good idea, all that money would be best spent in policies favouring or helping young adults in education, housing, etc.

  7. Utter ridiculous. I wasn’t earning that in my 30’s with a postgraduate in the free market. This people spend their time in ideological lucubrations and laws, the antithesis of Marxism, and absolutely disconnected from reality. Last week the PM was promising free child care for all Spaniards. Not even Germany, with an economy as large as the entire economies of all Spanish speaking countries of the world combined, can afford that. How could a banana monarchy pull that off?

  8. So… new performance motorcycles and/or boob/face/ass jobs for everyone ?

  9. I presume the focus groups said 18 (or the legal voting age) to 22 year olds were most likely to vote for their party.

  10. Ahhh, beeing fiscally irresponsible for short term popularity gain. Parlamentarism at its finest.

  11. Do Spain have something like Norways BSU (young peoples house savings)? It’s a special savings account for people under 34 yo where you get tax deduction for the money you save (with a max per year amount). You get high interest rate too. It’s very popular here in Norway.

  12. ELI5: how would this not monumentally skyrocket inflation?

  13. I have a conspiracy theory, this idea is related to the new elections in Spain.

  14. Spain doing economics like they still have a globe spanning empire

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