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by skrowl 2713 days ago
That's a good point, the US population of people 18 years or old is ~252 million, so if you only gave people 18+ a UBI handout, you'd cut your costs to 7.862 Trillion dollars per year.
3 comments

Also one could remove the UBI part already covered by pensions -- e.g. the millions of government employees getting X pension money, can get (X - UBI) + UBI (so the same as they already get).
That's not a UBI, then, because it's not unconditional.

Also, I suspect the formula you intend is X + max(UBI - X, 0)—or, more simply max(UBI, X). Consider what your formula does for pension < UBI.

That's going in the right direction, but keep in mind that the entire federal budget is about $4 trillion. (https://en.wikipedia.org/wiki/United_States_federal_budget#/...)

A UBI that pays a portion of a living wage might be a very good idea, but it's not going to allow the majority of Americans to lay on their butts all day watching TV and eating cheesy poofs.

Exactly this. And once you get into the 7.862 Trillion range you find that it's much more reasonable.