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So if you only include 15-64 that is 200m [0] But since you want to keep social security, medicaid and medicare you need to keep a budget that somehow has 2 tr
by zeth___ 8y ago
So if you only include 15-64 that is 200m [0]
But since you want to keep social security, medicaid and medicare you need to keep a budget that somehow has 2 trillion dollars for BUI and 2 trillion for pensioners and children.
Not much of an improvement really.
Which is my main issue with everyone who proposes UBI. Once they are shown the number you get by multiplying population by income they slowly start to reinvent the welfare state that somehow is so terrible it needs to be replaced with UBI.
As someone once said: Crypto-currencies are gods way of teaching libertarians why regulations exist in the financial sector. I would like to rephrase that: UBI is gods way of teaching libertarians why the welfare state was created.
[0] https://fred.stlouisfed.org/series/LFWA64TTUSM647S https://fred.stlouisfed.org/series/LFWA64TTUSM647S
- throwawayj90 8y agoIt’s not as simple as “just multiplying”, though.. You don’t just give everyone $X dollars. If you make $100,000 per year, you don’t get anything. But if you make below a certain amount, say $10,000, then you pay a negative income tax, which means you get some money. Also I don’t know which version of libertarian you’re using, but I don’t think I’d classify libertarians as being super supportive of UBI...