Monday, January 29, 2018

A California city is launching the first US experiment in basic income — meet the 27-year-old mayor behind it

Via John


Stockton, California made national news last October when it announced it would host the first US experiment in basic income, a system of wealth distribution in which people receive a standard salary just for being alive.

The plan, spearheaded by Stockton's 27-year-old mayor, Michael Tubbs, will likely begin sometime in August 2018 and involve at least 100 people of varying income levels getting $500 a month for three years.

Ever since it declared bankruptcy in 2012, Stockton has been in recovery-mode, and Tubbs sees basic income — a growing topic of discussion around the world over the past couple years — as one way to rehabilitate the city.

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3 comments:

  1. DanJanuary 30, 2018 at 2:11 AM

    Kali.....a fools paradise. Stockton is flat ass broke. Kali is no better off. This 'experiment' is doomed to fail. All it will do is drive governments deeper into debt, generate MORE useless two legged parasites and drive productive and useful people OUT OF THE STATE. Liberalism truly is a mental disease.

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  2. AnonymousJanuary 30, 2018 at 2:15 AM

    Bankruptcy in 3,2,1.....

    ReplyDelete

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