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leereeves | 7 months ago

Alaska's Permanent Fund dividend paid $1,702 last year (for the whole year, not monthly). How is that small amount changing people's lives?

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EGreg|7 months ago

Every person’s story is different. People are resourceful.

If $150 a month can make people’s lives better, in a state that doen’t issue its own currency, imagine what phasing in a UBI for everyone in USA can do, gradually and increasing. And that’s the point.

USA will have to print money anyway to service their sovereign debt. So may as well give it out as a UBI over 40 years first, then tax it and pay the treasury holders. Think about it!

zdragnar|7 months ago

It certainly qualifies for a rather interesting definition of "basic"