Yes indeed, we don't have enough debt. By all means let's increase it exponentially. The Alaskan plan is basically what Venezuela did with their oil reserves, they used their oil to fund vast social programs. And we are witnessing how that is playing out.
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@uvas, but wouldn't you want to have tens/hundreds of millions of people that depend on the government for their money?! :) Smart strategy on behalf of central authorities to continue to convince the regular folk to keep coming to those voting booths.
It will just circulate money in a different way, while greatly reducing the need for all the bureacracy of today.
It has nothing to do with debt. It's a citizens dividend so the debt wouldn't have to be increased because it doesn't come from taxes.
Let's see. The government would be paying everyone a dividend check. If everyone received a dividend of $1000 like Alaska did last year, that would be 300 billion dollar payout. The USA budget is sitting with a deficit of 536 billion for 2016. So making that one time payout of 1000 dollars would increase the deficit to over 800 billion. That deficit is covered by the government borrowing money, so therefore adding that one time payout of 1000 dollars would increase the USA debt load.