One other important point: a cheaper cost of living is essential for UBI to be affordable. Right now most UBI proposals require around $1000 a month per person

One other important point: a cheaper cost of living is essential for UBI to be affordable. Right now most UBI proposals require around $1000 a month per person to enable people to live in a somewhat sustainable manner. Those proposals are simply unaffordable relative to our GDP and tax base. The only way we can make them work is by deceasing the cost of living so that we can decease the UBI. A UBI of $300 a month is much easier to fit in the budget.