Michael Hiltzik: Stockton study shows that universal basic income can be life-changing

The concept of universal basic income, which has received a boost from economic conditions during the pandemic, has just received another favorable vote.

This one comes from a study of a two-year guaranteed income project in Stockton, Calif., which delivered monthly no-strings-attached checks of $500 to 125 mostly low-income residents.

A preliminary analysis of the first year of the program, through February 2020, found that recipients were "healthier, showing less depression and anxiety and enhanced well-being" than those in a control group not receiving the stipends.They also experienced less month-to-month fluctuations in household income. Most notably, they had greater success finding […]

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Your email address will not be published.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.