Stockton’s Universal Basic Income experiment is doomed to fail. Here’s why

Stockton’s Universal Basic Income experiment is doomed to fail. Here’s why

In this Feb. 29, 2012, file photo, a Stockton city worker walks away from city hall in Stockton, Calif. Stockton, a Northern California city, plans to give several dozen families $500 a month for a year as part of a program to study the economic and social impacts of giving people a basic income. What if we could solve poverty by just giving people money? It sounds too good to be true, which it is. But that hasn’t stopped a growing number of people from advocating for “Universal Basic Income,” or UBI.

UBI proposals come in different shapes and sizes, […]

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