2 ms·
Wikipedia gives 24% for both healthcare and social security for 2014.[1] Total military spending is more complicated but is estimated at 28-38% of the total bud
by qrendel 11y ago
Wikipedia gives 24% for both healthcare and social security for 2014.[1] Total military spending is more complicated but is estimated at 28-38% of the total budget (though no citation).[2] That gives somewhere between 0.98 and 1.33 trillion, so I guess I was off there, but it has been much higher at (estimated) 54% in recent years.
Per capita healthcare spending is similarly estimated at $8,713 for 2014 or $9,146 for 2013 depending on which of those estimates you go with.[3] Presumably that includes total healthcare spending, public and private, but the issue is how much potential savings are there to pay for a UBI (by switching to a more effective healthcare system), so I think the total is relevant still, not just medicare + medicaid.
Your 33% number for SS seems to come from the inclusion of spending on unemployment and labor. The military spending being larger than total discretionary probably comes from inclusion of veteran's benefits and other programs included in with mandatory.
The exact numbers aside, I think the larger point still stands that the money is there - once you start looking at how much money is already being spent it's not hard to imagine getting a few trillion together for a UBI. Political feasibility is another matter, I agree it probably won't happen anytime soon for that reason, but saying it's economically infeasible just seems... wrong.
[1] https://en.wikipedia.org/wiki/File:U.S._Federal_Spending_-_FY_2011.png https://en.wikipedia.org/wiki/File:U.S._Federal_Spending_-_F...
[2] https://en.wikipedia.org/wiki/Military_budget_of_the_United_States#Military_budget_and_total_US_federal_spending https://en.wikipedia.org/wiki/Military_budget_of_the_United_...
[3] https://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_total_hea...