Stockton Mayor Michael Tubbs interacts with a child at a playground on July 9, 2018. (Credit: Stockton mayor’s office via CNN) Residents of Stockton, California have been through a lot: from widespread foreclosures to the city going bankrupt. But for a handful of residents, some help is here.
One hundred Stockton residents started getting monthly payment of $500 on Friday. They’ll receive the extra money for 18 months as part of an experiment testing the impact of universal basic income , also known as UBI.
The goal of UBI is to reduce poverty and inequality by giving people a regular […]
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