Re:A New Golden Age Part III: The Basic Income Guarantee
by baddox on Thursday October 15, 2015 @08:12PM
(#10396792)
> Some libertarians support the Basic Income Guarantee only if our only choice is between our current system and abolishing it for the Basic Income Guarantee.
What exactly would be replaced? It's tough googling around for how much the US government spends on welfare each year, at least partly because it's not exactly clear what counts as welfare. It seems like it's somewhere between 0.3 and 1 trillion dollars per year. If it's a trillion dollars, that's only $3,000 per person, or maybe double that if it starts at age 18 (although that sounds like a condition to me).
Isn't that not enough? As in, it must be a lot lower than the welfare benefits some Americans are currently getting.
What exactly would be replaced? It's tough googling around for how much the US government spends on welfare each year, at least partly because it's not exactly clear what counts as welfare. It seems like it's somewhere between 0.3 and 1 trillion dollars per year. If it's a trillion dollars, that's only $3,000 per person, or maybe double that if it starts at age 18 (although that sounds like a condition to me).
Isn't that not enough? As in, it must be a lot lower than the welfare benefits some Americans are currently getting.