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Old 08-28-2016, 08:29 AM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
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Posts: 18,083
Quote:
Originally Posted by woj View Post
^^ your math is a bit off, basic guaranteed income is actually feasible...

per capita GDP in the US is in the $50K/year ballpark... so $10k/year in guaranteed income would be 20% of GDP not 200%...
Quote:
Originally Posted by Barry-xlovecam View Post
320,000,000 USA people *$12,000 basic income guarantee
cost = $3,840,000,000,000
That is $3.8 Trillion dollars a year

The total GNP of the USA is $18 Trillion (2015 * world bank)


"The total GNP of the USA is $18 Trillion (2015 * world bank)" do you have a reading problem woj?

I changed it ... was off a decimal place ...
Still, I don't need the extra $10K and I don't want to pay for 5 people that want it. Rather simple -- no handouts.

It is feasible? So, prove it

The whole population gets the fucking basic income from fucking were?
New taxes or you print money and devalue the currency.

Or, we go to war and keep the assets of the countries whose people we liquidate (stupid idea).
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