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RE: $1,000 per month cash handout would grow the economy by $2.5 trillion
If this would be put into action, GDP might grow under socialism... but I am not sure of the workforce when human become jobless because of automation... what will happen in my opinion is that, people will no longer work because the government gives them the basic income. People become lazy and some would think of business ventures which might become top or flop.
people are unlikely to become lazy, they will actualy have time to do what they aspire and follow their dreams. You know darn well most people don't aspire to be in the jobs they have. They are employed because they need to eat and afford necessities. Very few folks make it to financial freedom and even fewer get to persue their dreams because they HAVE to work, usually fulfilling someone elses dreams.