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> Over 50% of government expenditure is on social security, medicare, medicaid, welfare, and other social services. This is wrong (unless your definition of so
by harryh 11y ago
> Over 50% of government expenditure is on social security, medicare, medicaid, welfare, and other social services.
This is wrong (unless your definition of social services is broad enough to include things like schools and I doubt you want to dismantle the public education system).
> A large percentage of that is inefficient and wasted.
This is also wrong. Social Security is a direct cash transfer and Medicare and Medicaid are among the most efficient insurance programs in the world.
> I imagine state taxes would go down as a result of UBI too.
Sometimes I like to imagine a world of dragons and unicorns. But then I wake up and resume living in the real world.
Do the math.