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  • We have a huge welfare state that's been built up over the last 50 years, and we can get

  • rid of it. Take all the money that we currently spend on transfers from one American to another

  • American, whether they are for people on welfare, or whether they're for retirees, whether they're

  • for medical care, take all that money, convert into a universal basic income that starts

  • when someone turns 21 and continues until they die, which gives them every year $10,000

  • of disposable income, and put their lives back in their hands. The key to making this

  • work is not getting enough money. We already spent plenty of money to do this. The key

  • in understanding why it would work and how it would work is that it's just not that you

  • as an individual have $10,000, everybody else does too. And the opportunities this opens

  • up for people to cooperate, to solve their problems, and the problems of their families

  • and their communities will be unparalleled.

We have a huge welfare state that's been built up over the last 50 years, and we can get

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A2 universal basic income basic income welfare unparalleled basic

Introducing the universal basic income | IN 60 SECONDS

  • 60 5
    王惟惟 posted on 2017/03/25
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