Source credit | Rolling Alpha 26-year old Stockton, California Michael Tubbs is testing Universal Basic Income. | Photo credit Wikipedia Stockton Mayor Michael Tubbs has a solution for his failing city’s money woes-socialism. Tubbs believes that handing out free money will help improve the self-esteem of low-income citizens and restore prosperity. But are more entitlements really the answer?
In Stockton, with a population of 300,00, one in four residents live below the poverty line. The city filed for bankruptcy in 2012, after years of poor fiscal management. Their story is a familiar one across many American cities.
The mayor’s proposed solution […]
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