12 ms·
UBI. $500 per adult per month (~$1.4T) - existing welfare. for $1000 per month it would cost $3.1T. What about the children? $1,200 for every adult + $400 fo
by ipaddr 10mo ago
UBI.
$500 per adult per month
(~$1.4T) - existing welfare.
for $1000 per month it would cost $3.1T.
What about the children?
$1,200 for every adult + $400 for every child
4.1 trillion/year
The federal budget is 6 trillion/year.
There would need to be deflation for 1,200 a month to have the buying power of the average income now. Right now that's minimum wage.