The true long term vision for basic income, which this video does not touch on, does not involve the rich subsidizing the poor. When birthrates stabilize at or

The true long term vision for basic income, which this video does not touch on, does not involve the rich subsidizing the poor. When birthrates stabilize at or below the replacement rate it becomes difficult to grow an economy. Typically countries turn to immigration to make up the difference, but there are other ways (see below). Furthermore for economies such as the US economy, it needs consumers more than it needs producers. We are a consumer driven economy. So what does this have to do with UBI? Another way to grow the economy is to print money, and ultimately I think this is where UBI is headed. Instead of importing bodies to consume more, you simply create money so your existing individuals can consume more. Supply side economics seems to win when populations are growing, but good old aggregate demand style economics may win out the day once populations stabilize. In the near term I agree with you, I don't see giving up a giant military, or high enough tax rates to pay for a basic income scheme.