On 8/2/06, Michael Perelman <[EMAIL PROTECTED]> wrote:
No, it is $10,000 annually, but it is still and effort to buy off. He wants to cut
all sorts of programs besides welfare. He claims that the $10k will be more than the
country is now paying for these other programs, but given his reputation I would
distrust his numbers & don't have the time to really do the math.
Hypothetically, assume the best case scenario where each citizen does receive annual payments of $10,000.00. Given the current levels of indebtedness, how much of that on average would go towards debt-servicing on the lower-end of the income scale?
-raghu.
