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2
Bd6r
2018 Jul 10, 7:41am
Bd6r
2018 Jul 10, 7:41am
MisterLefty says
I am all for not being cynical, but my prediction is that (1) crack prices in that particular area will skyrocket, and (2) pimped-out rims on cars will become more plentiful.
how raising the income floor will change people's financial situation
I am all for not being cynical, but my prediction is that (1) crack prices in that particular area will skyrocket, and (2) pimped-out rims on cars will become more plentiful.
3
RWSGFY
2018 Jul 10, 10:48am
RWSGFY
2018 Jul 10, 10:48am
MisterLefty says
The leaked internal name of the program is "Friends and Family of the City Councilmembers".
The Universal Basic Income program will be tested in impoverished Stockton, California with some heavy backing from nearby wealthy Silicon Valley
A $500-a-month stipend will be given to 100 residents for 18-months
The leaked internal name of the program is "Friends and Family of the City Councilmembers".
The Universal Basic Income program will be tested in impoverished Stockton, California with some heavy backing from nearby wealthy Silicon Valley
A $500-a-month stipend will be given to 100 residents for 18-months
The money comes with no strings attached with the program aiming to see how raising the income floor will change people's financial situation
The money can be used for anything with the idea that with some financial empowerment people will be able to start new ventures, afford food, pay bills
The idea of the test is to see if the financial help will up school attendance and health and possibly contribute to female empowerment
The Stockton test will be funded in part by Facebook's co-founder Chris Hughes whose organization, the Economic Security Project, contributed $1million
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Stockton's population is very diverse in terms of race. Data show that 37% of the population is white, over 12% is African American, 21.5% are Asian, and 6.9% are mixed race. Recent data show that over 35% of the population is of Mexican descent.
http://www.dailymail.co.uk/news/article-5936339/Residents-Stockton-set-500-month-no-strings-attached-bid-boost-economy.html
www.youtube.com/embed/P36x8rTb3jI