Wait, why do we need a UBI for everyone? Let’s take the bottom 30 million Americans and give them each $30,000 a year. That’s $900B isn’t it? If we just cut the DoD budget down from $1.3T to $400B, we’ve just paid for a UBI which will inject 900 billion into the economy. UBI recipients are going to spend every penny they get on food, rent, utilities, clothes, etc.
Maybe we make it progressive so the closer you get to a $30,000 AGI the less you get in UBI, and once you get to $30,000 AGI you get nothing.
That makes a hell of a lot more sense to me than giving that $900B to defense and security contractors, which is essentially corporate welfare.
The notion that we should give EVERY American $10,000 is absurd. I don’t need $10,000, and neither do my children. But I can certainly imagine 30 million Americans who could benefit from a UBI.