• NinjaKlaus
    +3

    Again this golden goose that is basic income, it doesn't work out people, at 2 million working age 18-65 year old's it works out to around 3 trillion dollars that would be needed at poverty level incomes, that's double the current government budget for all programs. Let's say that just half of them qualify because they already live at poverty level and their jobs go first, where is that 1.5 trillion going to come from? You can't tax robots and corporations are going to offshore that money.

    Now one option is to pay everybody, the other UBI option might work out better, but would still be expensive. In the second option the government makes up whatever you don't make if you make under poverty level, say you can only find a minimum wage job at some place that can't afford a robot, you work only 20 hours a week, the government would then chip in the other 10 (because 30 is full time now, thanks Obamacare) until you've reached poverty level, then you get no more and it gets taxed partially back out too on your income tax because you have to declare it. Hardly anybody I've seen talks about that second version, maybe it's not considered Basic Income that way.