Basic Income is EASILY Affordable

Some very simple economics tells us why.

Basic Income — a regular payment of money for every resident citizen, regardless of their circumstances, sufficient to pay for essentials.

It sounds wonderful. Think of all the stress and worry it could alleviate. Think of the freedom it would give you. You’d be supported if you were unemployed or unwell or if you wanted to take time out from work to go to college, to retrain, to start a family, to care for a loved one, or simply because you need or deserve a break.

But, so far, we don’t have a Basic Income system. And why not? Well, there’s probably one reason above all others: Whilst most people would love to have the financial security that a Basic Income system would provide, they’re not yet convinced that it would be affordable.

However, the belief that Basic Income isn’t affordable is usually based on misinformation from people who are deeply prejudiced against the idea or have a very limited and deeply flawed understanding of Economics — or (very often) both!

In fact, for most modern, advanced economies, Basic Income is not only affordable, it is EASILY affordable. And here’s why:

As any competent economist could tell you, the issue of affordability on a macro-economic level isn’t…