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RE: A Christian Argument for Universal Basic Income
The math doesn't work to give everybody free money. It shouldn't take a genius to figure that out.
The math doesn't work to give everybody free money. It shouldn't take a genius to figure that out.
Here's the math. Feel free to do it yourself once you understand that although everyone gets the UBI, everyone pays into it too, and thus the cost is the net transfer.
Basically, it's kind of like an instant rebate situation. Let's say you had $50 and you want to buy something that costs $100 but has an $80 instant rebate. Can you afford the cost?
If your answer is no, because you are $50 short, you're not a genius.
Show your working. Scott has done plenty of work showing how it is affordable. I'm sure he'll post the relevant links below.
I'm sure Scott doesn't need to. The information is readily available. If @barncat was interested in discovering if the math worked then he would certainly be able to look it up!