Quite possibly the stupidest f'ing idea I've ever heard of. If you think this is a good idea, I'm afraid there is no help available for your particular lack of understanding basic economic concepts. And yes, I read the whole article. A few of the important questions that nobody supporting this seems to address;
1- where does the money come from to fund it?
2- If it the intent is to put more disposable income in everyone's hands, what pray tell do you think will happen to the cost of living?
Let's close our eyes and ignore the obvious and pretend that this is not an extreme form of socialism. Everyone gets the same amount and we eliminate all kinds of inefficient government management of existing social welfare programs. Where do those people go for jobs when theirs are eliminated? How do the current poor (have nots) catch up to the current rich (haves)? The answer the income gap is not reduced, it simply grows and would then just be at a larger scale. The only effect would be moving the poverty line up to a higher income bracket. This has zero chance of working in an open market system of capitalism. It's only chance would be in a socialist/communist system and then you would just have the inherent problems associated with that type of system. Pretty sure that economic system has already been shown through history to fail 100% of the time.
Where does the money come from to fund it. It has to come from somewher, some people. If you think it would not cause rampant inflation you are an idiot.
Hey, I realize our current system leaves a lot to be desired. Government management of it is inefficient and it is not fairly administered. People game the system. Some truly needy people don't get the assistance they really need. Trust me, I get it. But this solution is so stupid it is laughable. Talk about out of the frying pan and into fire. If you really think this sounds good, please seek help for mental shortcomings and complete lack of understanding of basic economic principles. And for God's sake, please don't vote. You're already doing more than your share of damage.