Post-bankruptcy California city tests ‘universal’ income for residents

Post-bankruptcy California city tests ‘universal’ income for residents

A California city plagued by financial woes is testing a new welfare plan to give families a “universal basic income” of $500 every month.

While critics question whether this is the best move in post-bankruptcy Stockton, for now the program is being funded with private money — as a possible first step toward expanding a concept touted by tech CEOs.

“I think it will make people work better and smarter and harder and also be able to do things like spend time with their families because we’re not robots. We’re not just designed just to work all day and run a […]

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