Bankrupt California city wants to give a universal basic income to residents

Bankrupt California city wants to give a universal basic income to residents

Stockton, California, is testing a universal basic income for a select group of families to see whether the program could evolve into a broader policy, Fox News reports. How will it work?

The plan is to give $500 per month to several dozen families, and then to monitor them and see how the money is used and how it impacts “self-esteem and identity.” The money will come mostly from The Economic Security Project, which is donating $1 million toward the experiment. Why are they doing this?

Mayor Michael Tubbs believes it will help improve the lives of […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.