The mayor of Compton, California, Aja Brown has told the Los Angeles Times that she is launching a pilot program with a local non-profit that will give 800 residents a “guaranteed income” over the next two years. The residents in a city of roughly 95,000 will receive payments anywhere from $300 to $600. While the frequency will vary, participants will be informed in advance so that they can budget accordingly.
What some people don’t realize is that Universal Basic Income is not a new idea. Some of you may have heard it first from Presidential candidate Andrew Yang and his […]
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