3 ms·
Because we are not living in an era of such abundance that we have the liberty to do that. Do the math: 300M people, $2k/mo, 12mo/yr is 7.2 trillion dollars. E
by garmaine 6y ago
Because we are not living in an era of such abundance that we have the liberty to do that.
Do the math: 300M people, $2k/mo, 12mo/yr is 7.2 trillion dollars. Even to first order that is unaffordable, and that’s without factoring in that UBI would decimate the tax base that’s supposed to support it, or the consumer price inflation that would result in that $2k not going as far as you’d expect.