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Topic	UBI will be a serious debate topic in 20 years
Questionmarktarius 02/12/20 2:39:18 PM #32:	karlpilkington4 posted... I literally have no idea what this is even suppose to mean. It certainly isn't "simply illustrated". That's the minimum scaling possible. A thousand people agreeing on a $1000 UBI needs they have to collect $1,000,000 each month. 255 million means $255 billion each month, or $3,060,000,000,000 each year. That would be about 70% of the entire US budget and 16% of the entire US GDP, and it all assumes that children don't exist. The numbers can work, if you're willing to take significant cuts to everything else, assume that GDP and revenues will remain the same (or somehow increase without then needing a larger UBI), and pretend that wealth won't mysteriously vanish for "reasons". <cite>Questionmarktarius posted [p:934281453] in UBI will b... [t:78399843]...</cite> <quote>karlpilkington4 posted... </cite> <quote>I literally have no idea what this is even suppose to mean. It certainly isn't "simply illustrated".</quote>That's the minimum scaling possible. A thousand people agreeing on a $1000 UBI needs they have to collect $1,000,000 each month. 255 million means $255 billion each month, or $3,060,000,000,000 each year. That would be about 70% of the entire US budget and 16% of the entire US GDP, and it all assumes that children don't exist. The numbers can work, if you're willing to take significant cuts to everything else, assume that GDP and revenues will remain the same (or somehow increase without then needing a larger UBI), and pretend that wealth won't mysteriously vanish for "reasons". </quote> ... Copied to Clipboard!
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