Re:Universal Basic Income Has Been Tried over and over Again...
by gamepsys on Friday February 16, 2024 @02:38PM
(#39401930)
Social security is another $1.4T/year budget that is not considered welfare [0]. Medicare is another $0.9B [1] that isn't considered welfalre [1].
If we raided these programs, along with the previously mentioned programs, we reach an annual budget of $3.5T. The per person math is $10,000/person/year. A two person household would very near the federal poverty line.[2]
It's starting to look like it could be viable if we add state budgets into the mix, and find another solution for elderly healthcare.
If we raided these programs, along with the previously mentioned programs, we reach an annual budget of $3.5T. The per person math is $10,000/person/year. A two person household would very near the federal poverty line.[2]
It's starting to look like it could be viable if we add state budgets into the mix, and find another solution for elderly healthcare.
[0] https://www.cbpp.org/research/policy-basics-where-do-our-fed...
[1] https://www.cms.gov/data-research/statistics-trends-and-repo...
[2] https://aspe.hhs.gov/topics/poverty-economic-mobility/povert...