Every time Basic Income is discussed here in the first world, people mention monthly amounts that would sustain their comfortable lifestyles. The article links to a project where the basic income grant was just about enough to reduce extreme poverty (about 45 times minimum hourly wage, that would mean USD 400-500/month in the US/Europe), thus conclusions (both for and against) about much higher basic income schemes in the developed world are not valid.
By the way, with the US military budget you could provide similar Basic Income for about 3.75 billion people. Just saying ...
By the way, with the US military budget you could provide similar Basic Income for about 3.75 billion people. Just saying ...