You don't actually have to run the numbers, because you can look through the dollar values to the underlying consumption distribution. And running the numbers is complicated by the likely discontinuity in wage and price inflation.
Is there enough food in the US to feed everyone? Undoubtably yes.
Is there enough space for housing? Yes, although the spatial distribution is a problem. But if it's no longer so essential to live where the jobs are ..
So, if the scheme is targeted to that everyone can afford a minimum standard of living, and taxes are increased so that income above that sees less of an increase in standard of living, the feasibility is obvious.
The real problems are the desire to exclude "undesirables" and "non-contributors", which results in an expensive, bureaucratic, and vindictive system.
(The UK is heading in the other direction with the "bedroom tax" and other changes leading to a big rise in demand from foodbanks)
Is there enough food in the US to feed everyone? Undoubtably yes.
Is there enough space for housing? Yes, although the spatial distribution is a problem. But if it's no longer so essential to live where the jobs are ..
So, if the scheme is targeted to that everyone can afford a minimum standard of living, and taxes are increased so that income above that sees less of an increase in standard of living, the feasibility is obvious.
The real problems are the desire to exclude "undesirables" and "non-contributors", which results in an expensive, bureaucratic, and vindictive system.
(The UK is heading in the other direction with the "bedroom tax" and other changes leading to a big rise in demand from foodbanks)