universal basic income
The former Democratic presidential hopeful, now running for New York mayor, staked his national candidacy on the idea of unconditional cash assistance.
The guaranteed income program follows in the footsteps of Stockton’s, which found recipients had better mental health and got full-time jobs at higher rates.
The first-in-the-nation program aims to support young people when they age out of the foster care system often with no security net whatsoever.
A guaranteed income program gave $500 per month to 125 people in Stockton and found that their job prospects and mental health got better.
The mayors will distribute the money as no-strings-attached cash payments to hundreds of residents in their cities.
The idea of a universal basic income is going mainstream as the coronavirus pandemic collapses economies and wipes away millions of jobs.
The coronavirus pandemic is especially hurting workers who have no steady income, the pope wrote in a letter to social activists.
Two of the presidential candidate's biggest ideas are giving every household $2,000 a month and empowering Medicare to cover all costs during the pandemic.
The former Fox News host's attempt to mock universal basic income becomes an uncomfortable reminder of his own history.
Stockton is making unconditional payments to 125 residents, and the first set of results is out.