Was he born in America or he another Obama with secrecy surrounding his past?
Nevermind that, you better do some math here:
There are around 360,000,000 Americans today (and growing). Lets cap that as of now. $1,000 per month would total $360,000,000,000 (360 billion) per month. In one year - 12 months - this would cost $4,320,000,000,000 (4.32 Trillion) PER YEAR. Over the last 100 years the US dollar has already devalued by ~98% due to debt insolvency. Debt insolvency is a term where you are in massive amounts of debt and you literally do not have the means to pay that debt back. As of now debt insolvency is a huge problem and its bankrupting individuals, families, bushinesses, corporations, institutions all over - not to mention whole states like Illinois (which has a pension crisis)... now... you are basically saying we need to QUADRUPLE our debt insolvency. OK... so who
is going to pay for all this? This money comes from taxpayers, and many taxpayers are having problems just putting food on the table and keeping up with mortgage payments. Do you have any clue the fiscal burden and stress this socialist policy would put on the taxpayers when they are already overwhelmed? Do you understand by increasing debt insolvency this devalues the US dollar even further causing more price inflation on consumer goods? In other words, the taxes that would have to be dramatically increased and re-distributed would be costing the taxpayers at the grocery stores not only when taxes were due?
Here's what SUCKS even more: lets say you tax the rich kike oligarchs like bankers, CEOs, CFOs, wall street shareholders, corporations, etc. That actually sounds good, it would be, at first. Until they all move out of the country and drop the US dollar and move to countries like Russia and China and India and Europe. See what I'm saying? Massive layoffs would then occur due to all the employers from the outsourcing institutions having to lay off more and more workers (because they'd be transitioning to OTHER countries to save money and make their profits!) So then you'd have a whole lot of lost tax revenue
because Americans who once worked and paid taxes would no longer have a steady income to pay those taxes anymore.
So the you ask yourself again: who would pay the 4.32 Trillion Per Year bills?
It wouldn't work long-term. And those countries that have all that new industry would start liquidating those US Treasury Bonds too (why hold onto our devaluing debt that was promised to pay interest when it might end up in total loss?). It would create hyperinflation as the value of our fiat currency crashes.