5 ms·
> $2.5 Trillion every year Actually it will cost $3T ONCE, one-time. Actually the USA has already paid for a UBI from just its pandemic-related stimulus alone
by composer 6y ago
> $2.5 Trillion every year
Actually it will cost $3T ONCE, one-time.
Actually the USA has already paid for a UBI from just its pandemic-related stimulus alone, e.g. CARES Act.
The way to achieve an perpetual ongoing UBI with just a one time expediture of $3T is... drum roll... Stipulate that all payments must be spent on basics & essentials. AND then issue the payments & handle collection digitally/electronically like with debit cards. I sit astounded that the country's best leaders have not proposed a "basics only" amendment.