Next Year, a Californian City Will Launch the First Basic Income Experiment in the U.S.

Next Year, a Californian City Will Launch the First Basic Income Experiment in the U.S.

“The idea of a guaranteed income for all citizens regardless of their social and economic standing is called universal basic income (UBI), and it’s been floating around for centuries. Thomas Paine wrote about it back in the 1790s, and in 1967, Martin Luther King, Jr. expressed his support for a universal basic income in the U.S. Now, Stockton, California, mayor Michael Tubbs is keen on implementing such a system in his city.

To test out the idea, Tubbs is planning to launch an experiment he’s calling the Stockton Economic Empowerment Demonstration (SEED). When the project kicks off next year, it will be the first trial for universal basic income in the U.S. to receive government support…”

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https://futurism.com/next-year-a-californian-city-will-launch-the-first-basic-income-experiment-in-the-u-s/amp/