The California city once known as America’s foreclosure capital has decided to give out free cash to residents in an attempt to combat poverty.
Stockton will become the first U.S. city to experiment with Universal Basic Income, giving 100 residents $500 a month for 18 months – with no conditions or strings attached, Fox News reported . (Images: screenshots) The testing phase of the program, set to launch by 2019, allows recipients to spend the money on anything they want in the hopes of eventually ensuring that none of the 300,000 people living in the city lives in poverty.
Just 80 […]
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