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by maxerickson 3750 days ago
$25,000 is a very reasonable existence for a single person, as long as it's present buying power and after tax.

You can rent for less than $1000 and should be able to do utilities for ~$300.

That leaves about $200 a week, which is certainly not the lap of luxury, but it's plenty for food and necessities (I've done 2 people eating well enough for ~$100 a week so I really don't feel full of shit saying that).

There's no planning for the future in that, but part of the idea of a basic income is to de-risk things like that no?

1 comments

For the young and healthy that may be true. But we're all going to get old, and most of us will need medical care that could easily exceed that.
That's fair, but that's a problem we have to solve regardless of whether a basic income is installed or not.

(At least, if we means the US and we keep providing Medicare and similar)