Generation Grundeinkommen / Flickr (CC BY 2.0) Led by a progressive young mayor, the country’s first great Universal Basic Income (UBI) experiment is underway in a place that embodies all the problems caused by the widening income gap: Stockton, California, an impoverished town just 80 miles from the prosperous tech hub of Silicon Valley.
Michael Tubbs, a former White House intern, became Stockton’s first African American mayor in 2017, just five years after the city — battered by the housing crisis and violent crime — declared bankruptcy. To fund a pilot program of cash payments to some of the city’s […]
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