San Francisco is launching a $5 million program to give some residents a basic income, the city’s Office of Financial Empowerment (OFE) said this week, as it attempts to address income inequality and find a more effective program than welfare.
"[It will] use the power of City Hall to increase economic security and address intergenerational poverty,” OFED Director Sean Kline told a forum held at by the Universal Income Project , saying that S.F.’s program will focus primarily on how to help children.
“A focus on kids skirts a lot of the questions people usually have about basic income,” Klein said, […]
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