A California city with 76,000 residents is preparing to hand $3.6 million out to people with no strings attached in a new basic income pilot.
The signup process is now underway in Alameda, where 150 people will receive $1,000 per month for two years.
The program , called Rise Up Alameda, is designed to test whether routine cash handouts are an effective way to reduce economic instability and fight poverty. “The money has no strings attached which means you can spend it on anything you want – groceries, school, car payments, gas money, and any other personal expenses.” The Alameda City […]
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