Topic for debate: Universal Basic Income (UBI) is impossible.
I'd actually REALLY like to be wrong about this because I think UBI would solve a LOT of problems in America. I just don't see how you'd be able to do it.
Let's do the numbers first. Let's say you wanted to give UBI to saaaaaay 30% of Americans over the age of 18. The homeless. The people really struggling. Let's say you wanted to make it $1000.00 per month / $12,000.00 per year. Assuming that there's about 250 million Americans over the age of 18, the math works out to $900,000,000,000.00. Juuuuuust shy of a trillion dollars. For comparison, the 2017 budget was in the ballpark of 4 trillion.
So how do you make it work? What's your argument that proves my assertion (that it's impossible) false?
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