this post was submitted on 04 Feb 2025
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It's not "universal" unless/until it's given to everyone. Until then, it's just another targeted welfare program, "offered to a select portion of a city's population instead of all residents", as your link says.
You can't say UBI has been "proven mostly successful" without actually doing UBI, considering its main hurdles are related directly to giving out that much money to everyone. A UBI of $12000/year ($1000/month) for just all working-age people in the US (a bit over 200 million) would cost the government $2.4 TRILLION, yearly.
Even seizing the entirety of every US billionaire's net worth (est. $4.5 trillion), assuming you could convert it straight across into cash 1:1 (which you can't), and cutting defense spending (~$850 billion), the two most common ways I've seen people claim we can pay for UBI in the US, even if defense was cut to literal zero (also absurdly unrealistic), that still wouldn't even cover the cost of this UBI for three years.
I've had this discussion before. You might want to do some more research and have sources. I would advise you to look at really good sources about the following points:
Your numbers and projected income is way wonky. I'll discuss it when you come back with sources from the studies of UBI and why most experts think they worked being referenced.
I brought up a handful of VERY easily-verifiable, non-controversial data points, and just did some simple math. But, I guess, for the extremely lazy:
Assuming stripping defense down to zero (which again, is an absolutely absurd hypothetical made for the sake of argument, and making my argument AS WEAK AS POSSIBLE) and applying the entire $850 billion to the UBI price tag, you're left with a yearly cost of $1.55 trillion. And even using the higher estimate of $6 trillion from the billionaires, 1.55 goes into 6 less than 4 times.
The only thing 'wonky' is your refusal to accept mathematical reality.
P.S. Telling me to "look at really good sources" for 'it's not universal if it's not given to everyone' made me laugh pretty hard.