Here's my best argument for why UBI can't work in the USA. Let me know where i went wrong: My TV told me a "living wage" is at least $15 (but probably higher in liberal controlled areas like NYC / most CA cities / etc due to high cost of living & taxation), but we'll start with $15 to make it easy. $15/hr at 40hr/week = $31,200 per year. $31,200 * 328,300,000 population of USA = $10,242,960,000,000 Written out (for e…
> $31,200 * 328,300,000 population of USA = $10,242,960,000,000 To start with, 24% of the population are minors, so that knocks a few trillion off that figure. Secondly, a UBI isn't a living wage, so $15 in today to dollars is not a starting figure, because that is a wage in exchange for work. UBI is meant to cover the very basics, like a food and varying amounts of housing (depending on the local housing market). Fo…
How does that work? Is the UBI of both parents (or, worse, the single parent) supposed to cover the costs of raising their children for those primarily dependent on UBI?