The poverty level for 2015 is $11,670 for 1 person and I assume that's the minimum livable income wage they would use. There is an estimated 242 Million working age Americans, for a total of 2.8 Trillion dollars per year without any inflation. Where do we get this money from? Look at the 2014 budget for comparison, the total of the entire budget was 3.9 Trillion dollars total, 564 Billion of that went into our 18 Trillion dollar debt... so I don't know where we get this minimum income from.
Don't get me wrong, I LOVE the idea, but I don't see it being feasible.
The poverty level for 2015 is $11,670 for 1 person and I assume that's the minimum livable income wage they would use. There is an estimated 242 Million working age Americans, for a total of 2.8 Trillion dollars per year without any inflation. Where do we get this money from? Look at the 2014 budget for comparison, the total of the entire budget was 3.9 Trillion dollars total, 564 Billion of that went into our 18 Trillion dollar debt... so I don't know where we get this minimum income from.
Don't get me wrong, I LOVE the idea, but I don't see it being feasible.