For those who do not believe that UBI is unsustainable on scale:
The idea of UBI: “Universal Basic Income (UBI) is a social welfare concept that proposes providing all citizens or residents of a particular country or region with a regular, unconditional sum of money, regardless of their income, employment status, or wealth”
There are 32,708,656 Canadians as of 2024 aged 20 or older according to population estimates.
The article cites the experiment where the participants received either $16,989 CAD/year as a single person or $24,027 CAD/year. UBI is supposed to be the same payment regardless of any status, so I am going to use the single person amount for scale.
Canada would need to make almost $100 billion more in revenue every year just to cover UBI, and that does not include anything else Federal revenue is used for.
UBI is not sustainable on scale, and there are better options.
I told you earlier that I don’t have numbers. My assessment is that the numbers you provided aren’t valid and I explained why in the last two comments. You can respond to those if you like. Repeating what you’ve said word for word does not add any new information. If you don’t want to continue the discussion, that’s fine, but if you have insight on why my reasoning might be wrong, I’d like to hear it.
Not even the slightest interest in figuring out the truth?
Explain it to me. Preferably with your own numbers, and assessments.
I told you earlier that I don’t have numbers. My assessment is that the numbers you provided aren’t valid and I explained why in the last two comments. You can respond to those if you like. Repeating what you’ve said word for word does not add any new information. If you don’t want to continue the discussion, that’s fine, but if you have insight on why my reasoning might be wrong, I’d like to hear it.
Your reasoning is wrong because it has nothing to do with my point. There has been no discussion because of that. It is a simple math problem.
Take care.