3 Takeaways From Basic Income Cash Program In Stockton: People Were Less Depressed. Photo by Karolina Grabowska from Pexels When Michael Tubbs was the mayor of Stockton, California, he implemented a pilot universal basic income cash program that sent $500 per month to 125 low-income households with no strings attached. Some were skeptical about whether it would work. However, recent data has shown that the program was an immense success. Here are three takeaways from the universal basic income cash program in Stockton. 1. Income volatility was reduced
In Stockton households that received the monthly cash payments, income volatility […]
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