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"Universal Basic Income" makes sense even for Republicans IF they actually do the math.
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 70958538:MV8zNTcxODM1XzYzNzkyMTAwXzJERDI3RDc0] [quote:Anonymous Coward 75011669:MV8zNTcxODM1XzYzNzkxOTEzX0IxNjZFM0Q5] [quote:R. Wordsworth:MV8zNTcxODM1XzYzNzkxODY4XzY4MzdDNkEx] [b]OK OP, since you're still here, you said this would make sense to Republicans if we actually do the math.[/b] So let's do the math OP. How much would this "basic income" be per month? [/quote] I would say $2000 per adult, $1000 per dependent while ENDING ALL of the existing programs. The bureaucratic savings alone would be tremendous as well as the dumping of all the illegals off of those programs. [/quote] That would cost somewhere in the neighborhood of 6 trillion dollars per year. We only collect about 3 trillion per year in taxes. Eliminating all other welfare programs and social security would save us a trillion, but that leaves us still 2 trillion per year short just to pay for the universal income nevermind the rest of our budget. [i]Where's the money gonna come from OP???[/i] [/quote]
Original Message
Instead of just reflexively opposing a Basic Income in the US, the Republicans should actually look at the advantages.
If the new Basic Income Law is passed so that it completely REPLACES welfare payments, food stamps, Social Security payments, disability payments, and ALL other government payments, the savings in paper shuffling and bureaucracy alone would pay for the new program.
Also, by writing the new law to apply to "US Citizens ONLY," it would eliminate Billions of dollars in payments to illegals in all of those replaced programs.
A Basic Income would also increase the buying power for retailers, etc. This idea makes perfect sense from both a liberal and conservative perspective.
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