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STUDY: Stockton Universal Basic Income Program Results

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Stockton tried a UBI program, turns out it was a great success. David Shuster, Jayar Jackson, and Cenk Uygur discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET and replayed 11-1am ET. http://youtube.com/tyt/live

Read more HERE: https://www.cbsnews.com/news/basic-guaranteed-income-stockton-experiment/

"More than two years after a group of residents from a northern California city first started receiving monthly cash payments with no-strings attached, the results of the public policy experiment are in: guaranteed basic income — designed to create an income floor — works, according to an analysis of results from the Stockton Economic Empowerment Demonstration (SEED).

From February 2019 to February 2021, as part of a hallmark initiative from former Stockton Mayor Michael Tubbs and funded by philanthropic donors, 125 Stocktonians with a median income of $46,000 a year received $500 per month through a prepaid debit card — additional income they could spend however they wanted."*

Hosts: David Shuster, Jayar Jackson, Cenk Uygur

Cast: David Shuster, Jayar Jackson, Cenk Uygur

***

The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.

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210305__TB04BasicIncome
Category
Europe
Tags
210305__TB04BasicIncome, News, Politics
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