This city is giving residents $500 per month. Some hope it can become a national plan

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Stockton, California Mayor Michael Tubbs has implemented a universal basic income experiment. Now, other U.S. cities are hoping that the plan can be adopted nationally.

"The most important time is with your kids when they're young," Vargas said. "I got the opportunity to do that."

While some Republicans have called for reining in spending, some Democrats have suggested even more generous programs. One bill proposed by Sens. Kamala Harris, D-Calif.; Bernie Sanders, I-Vt.; and Ed Markey, D-Mass.; would send as much asPeople know what they need, and so it's just very efficient to deliver a cash payment.The plan is a spin on universal basic income, whereby the government provides people with a guaranteed amount of money per month.

Years later, Tubbs came upon the idea again in 2017, when he was elected mayor of Stockton, his home town. He asked his policy team to research ideas for programs to address various issues, and universal basic income popped up again. To qualify, residents must be 18 or over and live in a neighborhood at or below Stockton's median household income of $46,000.

 

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mr_jettlife

Correction, residents have their earnings confiscated and given to other residents in the amount of 500 per month

ILLINOIS UBI JBPritzker chicagosmayor

Yeah, as part of their universal basic income experiment

If you are going Cali why not San Fran? They are housing the homeless in hotels and suppling alcohol and drugs.

Lol. California is broke.

serfs

In life, nobody “gives” you anything for free.

If it’s such a good plan why not 1000? That’s doubly good.

Read the article but missed the part about, when you move on from a pilot project, how in the world you would pay for all those monthly payments. In Alaska we can barely pay PFD dividend (emphasize Dividend) which this year was about $980 (works out to $82 a month). $500 a month?

For what ?

California Kamila Harris SOCIAL JUSTICE IDIOTS BUYING VOTES! This country is full of politicians can't pass a basic high school accounting class but want to lecture me on my white privilege! When we collapse economically and boils to survival those fuckers in rude awakening!

Apparently being solvent is not a goal of the city. Only 8 years ago they went broke.

Only to 125 but what happens when it’s say 12,500 or 125,000 . Who pays for it certainly not the city , right?

The article gives examples of residents who receive the $500 quitting their secondary jobs and spending more time with their families. I’m concerned about what will happen when the $500 payments end. How are residents using this opportunity to prepare for the future?

Soon $500 won’t be enough. Learn to live within your means is more important.

Headline should read: ”City confiscates wealth from taxpayers to give to those who claim victim status in newly created woke program.”

...never feed the animals..they become too dependent..changes their natural behavior, feeding wild animals makes them dependent on provisioning rather than natural foraging...

How about the mother was gunned down by BlackLivesMattters , just because she said AllLivesMatter jimcramer Maybe you should say something on Monday.

Great! We need to balance inequality!

Keep printing dollars....

This allows other fungible money to be used on drugs too

Buy Gold inflation is coming.

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