Sunday, August 28, 2016

Finding Earth from Basic Income


. . . continued from here.

My loose intuition on Basic Income has been to say it is tenable and forward-facing. Probably best for us to wait for automation to pick up more slack. But this is ridiculous.

To Recap:

The last post was off by $1.3 Trillion, but it is a grounding reality that the total federal budget is still less in total than the cost of basic income alone:


  


BASIC INCOME = ~3.9 TRILLION

TOTAL BUDGET = ~3.7 TRILLION 



Sure I knew the concept of basic income was about swapping out welfare programs and taxing corporations more. However my casual impressions were always of maintaining a similar bottom line.





I would say that this idea has been debunked except that it has so many proponents.



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