A California city is planning on giving money to some residents, no strings attached

A California city is planning on giving money to some residents, no strings attached

– Justin Sullivan / Getty Images Wage stagnation. Rising housing prices. Loss of middle-class jobs. The looming threat of automation. These are some of the problems facing Stockton’s residents. Stockton’s mayor, Michael Tubbs, said the city’s problems are far from unique.

“I think Stockton is absolutely ground zero for a lot of the issues we are facing as a nation,” Tubbs said.

Stockton is right next to the San Francisco Bay Area, but it hasn’t shared in all the wealth of the tech boom there. The old farming town made headlines for going bankrupt in 2012 , and for decades it […]

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