4 ms·
Even if we give $30,000 to EVERYONE, the poor will be more better off than the rich because $15,000 to $30,000 is a much bigger jump than $400,000 to $415,000.
by littletimmy 11y ago
Even if we give $30,000 to EVERYONE, the poor will be more better off than the rich because $15,000 to $30,000 is a much bigger jump than $400,000 to $415,000. But the price of basics is not going to change that much because everyone buys them already.
The "universal" part is that this is a universal floor on living standards that applies to everyone.