• corbin@awful.systems
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    1 year ago

    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.