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am_Unition · 3810 days ago · link · · parent · post: $11,000 for Every Household: Could Guaranteed Income Work for America?
$25,000/year/person = $7.5 trillion/year. We're not spending that much on housing, health care, food stamps, etc.
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am_Unition · 3810 days ago · link ·
$25,000 x 300,000,000 = $7.5 trillion Where is $11,000 per year a living wage?? So let's say you only had 1/3 of the country working below $25,000/year. Even with the sliding scale, that's just too much money. And you think there won't be bureaucracy involved in distributing this money? I like nowaypablo's ideas, as per usual. Edit: Sorry to be a stickler... you can just say "50 cents", as ".50 cents" implies half a cent. ".50 dollars" is acceptable though. I'm an asshole when it comes to units... hah, you can quote me on that.