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View Full Version : City of Stockton to Consider America’s First Basic Income Grant



Banacek
10-20-2017, 01:29 PM
The city of Stockton, California, is planning to offer a basic income grant of $500 per month to poor residents, making it the first U.S. city to provide a guaranteed income.

Mayor Michael Tubbs announced the program on Wednesday, according to Capital Public Radio. “This is not a handout, it’s a hand up,” he reportedly said. The program is to be privately funded by the Economic Security Project, which Capital Public Radio describes as “a network of researchers, elected leaders, and organizers” and which is run by Facebook co-founder and Barack Obama campaign veteran Chris Hughes.

Stockton declared bankruptcy in 2012, a result of high pension costs, economic stagnation, and “a 15-year spending binge.” Though the city and its finances have recovered somewhat, and the city emerged from bankruptcy in 2015, poverty remains a problem.

http://www.breitbart.com/california/2017/10/19/city-stockton-consider-americas-first-basic-income-grant/

SVPete
10-20-2017, 03:14 PM
Stockton declared bankruptcy in 2012, a result of high pension costs, economic stagnation, and “a 15-year spending binge.”

Just. Moronic. Working on Moonbeam to rescind moronic enviro-regs and other job-killing regs would accomplish more. Getting the state and Feds off San Joaquin Valley farmers' backs would accomplish more.

DumbAss Tanker
10-20-2017, 05:32 PM
That should attract more freeloaders than they can possibly handle.

ralph wiggum
10-20-2017, 06:03 PM
Only $500/month? That can't possibly buy much in California. But a slippery slope.

teresa margaret
10-20-2017, 06:56 PM
Well, they are saying it's a pilot program, for no more than 75 families. Guess they expect the rest of the US to bail them out when California eventually defaults.

The mayor of Stockton (a wasteland, at this point):

http://static6.businessinsider.com/image/59e7c16dddd0631c008b5291-1267/gettyimages-525325080.jpg

Twenty-seven years old, handpicked by Obama, son of a convicted felon and a teen-aged mother. Mikey himself has had a DUI three years ago, way to pick 'em, Stockton.

FlaGator
10-20-2017, 07:37 PM
Only $500/month? That can't possibly buy much in California. But a slippery slope.

Obviously not a living wage. Their willing to force businesses to pay $15.00 so shouldn't 15.00 x 40 a week be their goal?