Earlier quoted context omitted.
Yeah. Many people who are into BI are unwilling to admit its a very expensive proposition that they insist will be fixed with "economic growth". Its the same handwaving the GOP does. Perfect example: There are 242,470,820 adults in the US. http://www.wsj.com/articles/a-guaranteed-income-for-every-am... > In my version, every American citizen age 21 and older would get a $13,000 annual grant deposited electronically i…
> Many people who are into BI are unwilling to admit its a very expensive proposition A mature BI (one providing an above-poverty-line benefit) is an expensive proposition, but you don't need a mature BI, or one that replaces all the programs you'd like to replace with one, to get net social benefit from it. So you start with a small BI, and phase out the things it is eventually planned to phase out only as the BI be…
That was below-poverty-line benefits as defined by existing law. Its $10k income with a $3k mandatory payment for the equivalent of Medicaid/insurance.
The poverty line at the moment is ~$11k + Medicaid.
https://www.healthcare.gov/glossary/federal-poverty-level-FP...