320 mil * 7,000 = what again? I think your numbers are a bit over optimistic
Then I guess I'm unsure where you got that 1.6 trillion savings fromSS is intended to replace employment income completely, or at least, enough to be a sole source of income. Basic income is not.
Then I guess I'm unsure where you got that 1.6 trillion savings from
Various tax credits and spending programs that would be unnecessary with a proper UBI in place.
If you then limit basic income to people not collecting Social Security, your spending on basic income is reduced from $2.24T to approximately $1.9T.
I don't see almost doubling total government outlay happening or being sustainable. SO capitalism survives for another day.![]()
It would then not be a real basic income, though...
"Various" isn't the exact amount of detail that I was looking for. We're talking 1.6 TRILLION dollars. And that would be just a piece of the amount needed.
Politicians get into office by offering the population wonderful unattainable freebies. If this was so easy, you'd think they'd all be promising it.Or that some Euro country would have already implemented it without imploding.
So instead of "don't give it to people on social security" deduct the basic income amount from what social security pays. Same effect, and it is basic income for all.
Politicians get into office by offering the population wonderful unattainable freebies. If this was so easy, you'd think they'd all be promising it.Or that some Euro country would have already implemented it without imploding.