U.S. city to experiment with ‘universal basic income’

The mayor of Stockton, California, is leading an experiment with “universal basic income,” which is set to start by giving low-income residents $500 a month, no questions asked.

Mayor Michael Tubbs calls his city “ground zero” for issues like wage stagnation, rising housing prices and loss of middle-class jobs that affect the nation.

The Central Valley city went bankrupt in 2012, and for decades it has been trying to diversify its agriculture-based economy.

FOLLOW THE LINK FOR THE FULL REPORT – JR
Read more at http://mobile.wnd.com/2018/02/u-s-city-to-experiment-with-universal-basic-income/#r1FosyoFHLe1ygRB.99

http://mobile.wnd.com/2018/02/u-s-city-to-experiment-with-universal-basic-income/

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