Monthly payments to low-income families have helped them prosper, according to initial results. Foto: Richard Drury/Getty Images Minneapolis’s guaranteed basic income program has shown promising results after a year.
The two-year GBI program gives $500 monthly to 200 low-income families, no strings attached.
Researchers found the payments boosted financial stability and didn’t cause recipients to work less. The city of Minneapolis is experimenting with a guaranteed basic income program, and the preliminary results are promising.Minneapolis has provided $500 monthly payments with no strings attached to 200 low-income families for the last year.Numerous other cities nationwide have also tested basic […]
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