Yes I understand it. And I also understand that US is going to bankrupt or hyperinflate the currency, since those are the only option how to pay the debt created by UBI and other social experiments.
What western socialists do not understant is, that there is not a difference between Western or Eastern socialists. The only difference is elapsed time. Those from East were allowed to try it and failed in 100% cases. Socialists form South America or Asia did not do better. Now the Western world is about to find out the hard way, that it does not work and sooner or later they will destroy the productive part of the population and collapse. There is not a free lunch. Every time someone takes money in Taxes, it takes it from those who know how to earn them and gives them to those, who do not know how to earn them. And by taxes I mean both, taxes and printing + inflation tax.