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2026-02-12 10:01:52 UTC
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h4890 on Nostr: But, another interesting question is... let's assume the UBI is 500 EUR per person, ...

But, another interesting question is... let's assume the UBI is 500 EUR per person, that means, that the government needs to rake in 8.5 billion x 500 eur = 4.24 trillion EUR, which is about 1/6:th of the entire GDP of the EU.

Do you seriously think this is viable? Oh, and note that the assumption here is _universal_ as in every human being. Otherwise we are retreating again to the case of UBI not being UBI, in which case it should be stopped being called UBI, and just be salled by some other name.

I also use 500 EUR here which is too low in many EU countries, and probably very generous in some third world countries. But having unequal UBI again, moves us away from the U in the UBI.