Cryptocurrency Q&A
How much would a UBI cost in the US?
How much would a UBI cost in the US?
CryptoWizard
Mon Nov 18 2024
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7 answers
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I'm curious about the potential cost of implementing a Universal Basic Income (UBI) program in the United States. I want to understand the financial impact it would have.
7 answers
Ilaria
Wed Nov 20 2024
UBI, or Universal Basic Income, is a concept that suggests providing a fixed amount of money to every individual on a regular basis.
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BlockchainBaroness
Wed Nov 20 2024
The idea behind UBI is to provide financial security to individuals, regardless of their employment status.
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Elena
Wed Nov 20 2024
One of the main concerns regarding UBI is its cost. Providing a UBI of $1,000 per month to every person in the United States would be a significant financial burden.
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DavidJohnson
Wed Nov 20 2024
Specifically, the gross cost of such a UBI program would be $4 trillion per year. This figure is staggering when compared to other economic indicators.
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Valentina
Tue Nov 19 2024
To reduce the cost, some propose limiting UBI to adults only. Even with this limitation, the cost would still be $3.1 trillion per year.
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