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Cake day: June 20th, 2023

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  • I’m also a UBI layperson, but this is my understanding:

    Basic incomes don’t need to match or exceed the cost of living to provide some of their purported benefits. One of those benefits is replacing difficult to administer welfare services (of which there are some discussions in this thread). In that way the $2700 per person per year can be more efficiently allocated (towards an ideal national gross prosperity) by the individual.

    This might solve issues like the infamous “welfare cliff” that have arisen from difficulties in administration.