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by troosevelt 51 days ago
I mean the numbers. 12k per year is peanuts. You cannot live off that and to do it we'd be nearly doubling the budget (that's old data, it's probably not that portion of the budget anymore).

That 12k doesn't include healthcare, it doesn't include a lot of things. It's basically ensuring that people live well below poverty level, and for what? I just don't get how the numbers work, even if it was politically feasible.

I'd much rather have free healthcare and other amenities other countries have. Here in the US if you lose your job there is virtually nothing between you and the streets besides family and friends.

I'm facing this right now. I cannot get a job in tech which means restarting my career. Getting a job right now is not easy in any field especially not in anything like a living wage. If I did not have my parents I would be on the streets right now, thankfully I don't have a mortgage or anything like that. I'm not sure how much $12k per year would really help, it certainly wouldn't pay for housing.

It's rough out there.

1 comments

Oh, yeah $12k would not do it. For a UBI to work we would have to shift a significant portion of the concentrated wealth. I too was laid off long enough ago that by now I would be in a bad spot without help, also no mortgage or anything, and I don't travel or go out much. UBI of any degree would do something, but it would have to be much higher than $12k to tread water just due to rent alone. Aside from UBI we would likely need to decouple housing from profit, it has the same problem as healthcare. Demand for it is inelastic to a certain degree, everyone needs somewhere to live.