In nearly two dozen cities across the country, 6,000 low-income individuals and families are participating in a pilot study to test the benefits and drawbacks of guaranteed income. The data is trickling in, and so far, the program is doing exactly what it promised.
For one, the money is going towards real needs.
The largest expenditure of funds, 40%, was at superstores and other retail establishments – purchases of food and grocery items at Wal-Mart or other superstores fall into this category. The second largest spend, 28%, was for food in traditional grocery stores and restaurants. Participants also spent money on […]