I agree on some things the current bunch of muppets is doing (as opposed to the previous bunch of muppets, I am not partisan), but some of the arguments put forward are very dangerous.
> At least they're not saving pointless banks
That would be the same pointless banks who allow people to take out pointless mortgages to live in pointless houses, or to finance pointless businesses who pay pointless salaries.
I did not like the way the world got out of the 2008 crisis (I would have nationalised the shit out of the EU/US banking sector, it was a golden opportunity to make history), but letting huge banks fail would have been world-ending.
> Universal Basic Income is deemed necessary [...] citizenship income won't work the same way
Then why do you mention it to justify a Blair-style "workfare" law that has nothing to do with UBI (for one thing, it won't be universal, which is kinda the point)? Beyond the propaganda, there will be no UBI - it's just a reshaping of unemployment benefits to make certain areas of the country electorally beholden to a certain party, like it happened in the "good old days".
Quoting a holy text, "you were supposed to bring balance to the Force, not leave it in darkness".
> I don't trust the markets, the finance sector or the economic system to change that
On that I agree, but the realities of the XXI century are that the system is bigger than any single country, and solutions must be co-operative or won't be. I trust demagogues even less than bankers.