Universal Basic Income Coming to a City Near You — Free Money

Universal Basic Income Coming to a City Near You — Free Money

Photo by Daniel Xavier from Pexels Los Angeles and Chicago are working on pilot programs that would give citizens free money every month following the successes of a privately funded initiative in Stockton, California.

In 2019, former Stockton Mayor Michael D. Tubbs created the Stockton Economic Empowerment Demonstration (SEED), the first universal basic income experiment in the United States.

The Stockton program was simple, 125 Stockton residents who made below the city median income would receive $500 a month for 24 months with no strings attached. The program was funded from private donations, and it cost $3 million. At the […]

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