Universal basic income: Here’s how residents of Stockton are spending $500 a month

Universal basic income: Here’s how residents of Stockton are spending $500 a month

Yang defends universal basic income plan Some Stockton, California, residents who are participating in a widely watched “guaranteed income” trial say the monthly cash stipend has helped ease stress and allowed them to spend more time with their families.

Under the program — the first government-led experiment in basic income in the U.S. — 125 individuals were randomly selected to receive $500 for a total of 18 months.

One mother said her relationship with her daughters has improved because she is “calmer in my communication.”The “guaranteed income” trial now underway in Stockton, California , could one day […]

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