3 ms·
Let's see: There's 44,000,000 Americans living below the poverty line. Times 20,000 a year (ignoring administrative expenses) is 880,000,000,000 (880 billion) y
by klbarry 16y ago
Let's see: There's 44,000,000 Americans living below the poverty line. Times 20,000 a year (ignoring administrative expenses) is 880,000,000,000 (880 billion) yearly. I'm not sure where we could take this out of the budget.
- philwelch 16y agoIf you replaced existing welfare, food stamp, and Social Security programs with this guaranteed minimum income, not only would you break even, you'd probably fix the deficit to boot. If you're of the opinion that poverty causes crime, you might save money there, too. However, most spending on law enforcement is not federal and having a large population of idle people who can't get jobs might actually increase rather than decrease crime.