Handing out taxpayer dollars in the form of basic incomes is the latest policy rage. The Los Angeles Times reports there’s “a growing enthusiasm for basic income programs.” Vox says “guaranteed income is graduating from charity to public policy.” At KQED , they’re giving Oaklanders tips on how they can apply for the city’s guaranteed basic income pilot program.
But enthusiasm nor a “graduation” in opinion is the basis for sound public policy.
Stockton was the first city in the country to experiment with an income program funded by other people’s money. For two-and-a-half years, $500 debit cards were sent every […]
Full Post at www.pacificresearch.org