This graph is completely wrong.
There! Isn't that splendid?
The UBI doesn't just move the line up to the UBI level, it actually takes a chunk out of the Wealth.
And yes, we have been doing this hugely since Carter. And so, we have almost no Wealth left. I think most working class people have a couple hundred dollars a month. That is all that is left.
Yes, you are right about that. Like I said about the "stimulus"; it is stealing from future-me, and I don't know that future-me will be able to afford it.