LA County's guaranteed income program to give some foster youth $1k per month

Re:LA County's guaranteed income program to give some foster... by bombcar on Thursday October 26, 2023 @12:25PM (#38027892)

Sadly UBI will probably work best when it's not U.

[ Parent | on HN ]

Re:LA County's guaranteed income program to give some foster... by gottorf on Thursday October 26, 2023 @12:36PM (#38028067)

I'm not convinced that any UBI program will remain either U or B for very long. The numbers just don't work out. At least, not until we have "fully automated luxury gay space communism"-level technology.

[ Parent | on HN ]

Re:LA County's guaranteed income program to give some foster... by WalterBright on Friday October 27, 2023 @12:41AM (#38034763)

Given 300 million people in the US and $1000/mo UBI, that works out to $3.6 trillion a year.

So ya, that's not going to work.

[ Parent | on HN ]