Mayor Of Stockton, Calif., Discusses Universal Basic Income Program Results

MICHEL MARTIN, HOST:

What would you do with an extra 500 bucks a month, no strings attached? Well, thanks to an experimental program in Stockton, Calif., we now have some answers. Since February, the city has been sending $500 debit cards every month to 125 residents who all earn less than Stockton’s median annual income, which is about $46,000.

Stockton is the first city in the U.S. to experiment with universal basic income, and that’s an idea that’s been getting a lot of attention from Democratic presidential candidate Andrew Yang. The program is called Stockton Economic Empowerment Demonstration or SEED. And […]

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