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That's the point: he gets it even if he does not need it and if it is a negligible amount of his own personal income/fortune. Universal means just that: everyo
by Pamar 9y ago
That's the point: he gets it even if he does not need it and if it is a negligible amount of his own personal income/fortune.
Universal means just that: everyone gets it. No matter if they need it or not. Maybe you could read up something about the Alaska Fund Dividend to get an idea of how this is supposed to work in practice (the AFD is of course limited to Alaska, and way lower than the suggested 12000 USD target, but still gives an idea of how it is regulated and paid out in practice).
- gremlinsinc 9y agoAgreed, the benefit also being == bureaucracy = jobs = costs. AI printing/cutting/mailing checks to everyone in America every month like clock work, or direct depositing can be totally automated and not cost much at all and lower the cost to administer -- w/ GBI you'll be able to close every welfare building, layoff all welfare/gov't program staff for the poor, and save a lot of money that way.