The concept of universal basic income is getting new attention amid the COVID-19 pandemic. It’s the idea of giving out recurring payments to everyone without any strings attached.
Stockton, California, has been testing this with 125 people, giving them $500 per month. They’ve been getting that money for more than a year and it was supposed to stop this summer, but the mayor extended the money until January because of the pandemic.
More mayors are getting on board with the idea. Fifteen joined the organization Mayors for a Guaranteed Income. They’re looking into launching pilot programs in their cities.We spoke with […]
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