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It's a good start, for a basic income I mean. Not that I'm necessarily advocating we take away retirement funds, but a 5% return on pension assets distributed t
by undersuit 9y ago
It's a good start, for a basic income I mean. Not that I'm necessarily advocating we take away retirement funds, but a 5% return on pension assets distributed to the American people yearly would be more than $3000 per person. Include some other assets and we could move make UBI less basic and more income.
From 2009:
>Banks have $96trillion in assets, investment funes hold $22trillion, insurance firms have $21trillion and pension funds $19 trillion.
http://www.wealthmanagement.com/blog/fun-fact-day-know-and-tell http://www.wealthmanagement.com/blog/fun-fact-day-know-and-t...