[this is probably off-topic for this forum, but I found it on HN so…]
Edit “enjoy” the discussion: https://news.ycombinator.com/item?id=38233810
[this is probably off-topic for this forum, but I found it on HN so…]
Edit “enjoy” the discussion: https://news.ycombinator.com/item?id=38233810
Nobody tell him that Social Security can easily pay out $1600/mo to people today. His head might pop right off!
Last time I ran the numbers, I concluded that the USA can afford to pay $2000/mo to each taxpayer, even if considering marriages as two taxpayers. The economic benefits would easily compensate the small amount of self-borrowing required to jumpstart UBI. Similarly, the USA can easily afford to auto-enroll everybody in Medicare, although the government would have to eat several HMOs and ACOs to ensure coverage and prevent profiteering.