Helicopter Money - Italy

This scheme is hardly helicopter money.

The 500 will not simply be delivered as cold, hard cash: to access the funds, teens will have to download an application, 18app, and register through one of the country's five identity-verification portals to receive login credentials. The app creates a voucher for each purchase, which will be invoiced to the government to verify that whatever the money is spent on is, in fact, culturally enriching. The 500 will be up for grabs from a teen's birthday until the end of 2017 (or until all the money has been spent).
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Supposedly, it would have been public arts/culture funding anyway. Better to let users choose rather than sleazy bureaucrat play 'patron of the arts' with taxpayer's money (i.e. favoring the ballet company over the symphony orchestra because he wants to ogle ballerinas).

The scheme, Nannicini said in Corriere, is an experimental approach to cultural funding. Rather than the government picking and choosing which institutions to financially support, Nannicini says that the initiative leaves those decisions up to individuals' preferences.
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Roswell Crash Survivor said:
This scheme is hardly helicopter money.

The 500 will not simply be delivered as cold, hard cash: to access the funds, teens will have to download an application, 18app, and register through one of the country's five identity-verification portals to receive login credentials. The app creates a voucher for each purchase, which will be invoiced to the government to verify that whatever the money is spent on is, in fact, culturally enriching. The 500 will be up for grabs from a teen's birthday until the end of 2017 (or until all the money has been spent).
Click to expand...

Supposedly, it would have been public arts/culture funding anyway. Better to let users choose rather than sleazy bureaucrat play 'patron of the arts' with taxpayer's money (i.e. favoring the ballet company over the symphony orchestra because he wants to ogle ballerinas).

The scheme, Nannicini said in Corriere, is an experimental approach to cultural funding. Rather than the government picking and choosing which institutions to financially support, Nannicini says that the initiative leaves those decisions up to individuals' preferences.
Click to expand...
Click to expand...

How can it be said that the recipients get to choose what to spend the money on, rather than the government, yet at the same time, 'vouchers' are dispensed only if/when the government agrees that the proposed expenditure is 'culturally enriching'?

Duh?
 
The best thing to do is to hand a $900 cheque to all taxpayers.

They then go to Hardly Normal and buy a Chinese TV set.

OC
 
Old Codger said:
The best thing to do is to hand a $900 cheque to all taxpayers.

They then go to Hardly Normal and buy a Chinese TV set.

OC
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What an absurd idea.



Wait a minute........
 
Will we give the $900 to the people? or to the banks? Lets give nothing then we can have a recession!

Regards Errol 43
 
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