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…
I'm not aware of a system that just blanket gives each person ~$30k a year. In Ontario (before the new government killed it before the study could be completed), the system was going to include a progressive taxation system— essentially, the more you earn, the less you receive in UBI payments, until you are actively paying into the system. The system would have also included the end of our current welfare and disabil…
Almost all of the Democrat 2020 field (that we know of so far) have come out with some kind of handouts-in-exchange-for-votes platform for their campaign https://www.nbcnews.com/politics/politics-news/democrats-eye...
It's still early, but I'd expect to see them solidify over some of these types of income redistribution strategies as we near Nov 2020.