Stockton is a town in California that is very close to Silicon Valley. Its proximity to the home of technology giants has increased housing prices. Stockton’s location also spelled disaster for the town’s job market.
This is because jobs offered in the Silicon Valley create opportunities for two kinds of workers: those who are highly skilled and those who are automated machines. Furthermore, in 2012, the town declared bankruptcy. To sum, Stockton’s economy has been suffering.
In an effort to help the people struggling in his town, Mayor Michael Tubbs began to push for a universal basic income (UBI). As a […]
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