If I considered saving no longer worthwhile, I wouldn’t consume more. I would work less and enjoy more free time. Of course this leads to over proportional less taxes for the state or ubi.
I don’t see why you couldn’t try ubi in small scale by the fans. The most obvious reason why it wouldn’t work on small scale and only on state or global level is because supporters want someone else to pay for it.
While I was being slightly flippant in that, I note that your example of $300Bn as being a completely unreasonable, unachievable number for UBI is less than half the US military budget, and in fact represents about the increase from the pre-9/11 post-cold-war low point. Also that most UBI proposals involve fiddling with the tax bands so that above-average earners see much less or no net increase.
"Do you want $1000 each for twenty years or a war for twenty years" was of course a question that was never on the table in 2002.
If I considered saving no longer worthwhile, I wouldn’t consume more. I would work less and enjoy more free time. Of course this leads to over proportional less taxes for the state or ubi.
I don’t see why you couldn’t try ubi in small scale by the fans. The most obvious reason why it wouldn’t work on small scale and only on state or global level is because supporters want someone else to pay for it.