Guaranteed income: Will it reduce poverty or increase jobless?

Guaranteed income: Will it reduce poverty or increase jobless?

In this April 19, 2021, file photo, Los Angeles Mayor Eric Garcetti, right, talks with Michael Tubbs, founder of Mayors for a Guaranteed Income, after holding his annual State of the City address from the Griffith Observatory, in Los Angeles. In experiments across the country, dozens of cities and counties, some using money from the $1.9 trillion COVID relief package approved in March, and the state of California are giving some low-income residents a guaranteed income of $500 to $1,000 each month to do with as they please, and tracking what happens. (Gary Coronado/Los Angeles Times via AP, Pool […]

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