At the height of the pandemic, in 2020, St Paul created a guaranteed income program, giving $500 every month to 150 families — no strings attached. The program ran for 18 months, from October 2020 to April 2022.
The Center for Guaranteed Income Research at the University of Pennsylvania, which was responsible for overseeing the program, recently released a study on how the program has fared. The catch-all title, especially in the local media seems to be that the program worked, since among other things, it increased employment, improved the well-being of families, and increased savings — although that went […]
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