The latest hot social theory in California is universal basic income.
Essentially, it’s about paying people to do nothing. Academics and tech titans have promoted it to address poverty, rising costs of living, and even the temporarily disruptive effects of innovation.
Stockton Mayor Michael Tubbs has generated national headlines for his universal basic income proposal , which he recently spoke about at a Sacramento Press Club event.Under his plan, around 100 people in Stockton would receive $500 starting next year for about 18 months. The money will be “unconditional, with no work requirements and no restrictions on how the money can […]
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