The US spends $880 billion on military spending in 2023. That’s 20% of its annual budget. Source
The US has roughly 350 million inhabitants. Divide that and get that you could give $2.5K annually to each person as handouts. And we’re not even talking about tax reforms here.
Three points.
This is about Canada.
From my earlier post: “UBI isn’t the best solution out there, it is a highly polarized idea, and funding for a program on scale would cost Billions, requiring trillions in revenue to be a viable option.”
You just paid for 1 month of UBI cutting the entire military budget for a year, which took 20% of the annual budget, leaving another 4 months of payment before the country has no budget left.
Three points.
This is about Canada.
From my earlier post: “UBI isn’t the best solution out there, it is a highly polarized idea, and funding for a program on scale would cost Billions, requiring trillions in revenue to be a viable option.”
You just paid for 1 month of UBI cutting the entire military budget for a year, which took 20% of the annual budget, leaving another 4 months of payment before the country has no budget left.