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ButterflyCatastrophe t1_j3crag3 wrote

Reply to comment by ChainmailleAddict in I asked chatgpt to write a UN resolution in favor of universal basic income, and this is what it returned. by AnneBancroftsGhost

Most of the arguments I've seen for UBI replace ALL means-tested programs - Medicaid, EITC, Child tax credit, SNAP, etc - which come to around $800B. Some also propose it to replace non-means-tested programs - Social Security, Medicare - which add another $2,000B. $16,000 UBI for 250M adult Americans costs $4,000B/year, so it's kind of in the right ballpark, if you include SS/Medicare.

But this ignores that replacing current retiree benefits of ~$19,000 Social security plus $11,000 Medicare with just $16,000 UBI will be a huge burden on a very vulnerable population.

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