Comment by izacus
From cancelling pointless military projects?
From cancelling pointless military projects?
UBI would be pure deficit spending which would basically double it. Our interest is already the #2 federal outlay at $1 trillion (defense is #5 last I heard) and we're already in fiscal dominance. So the end result is UBI would trigger much higher inflation which would make those UBI checks worthless.
The entire defense budget is $874b.
As I remarked, the UBI math doesn't work.