The Citizen’s Basic Income experiment in Stockton, California

CNN has published an article, ‘This California town will give a $500 monthly stipend to residents‘:

… Stockton will give 100 residents $500 a month for 18 months, no strings attached.

The nontraditional system for distributing wealth guarantees that citizens receive a regular sum of money. The goal is to create an income floor no one will fall beneath. …

The project, expected to launch in 2019, hopes to use data to address the policy questions about UBI. For example, does a guarantee of a basic income affect school attendance and health, or cause people to quit their jobs or start new businesses?

The project is also interested at looking at how the funds impact female empowerment and if it can help pull people out of poverty.

 

 

 

 

 

Footnotes

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