Re:When a California city gave a guaranteed income, people w...
by SwanRonson on Sunday June 20, 2021 @07:11PM
(#27574667)
Where: Stockton, California
Who: 125 people at or below median income
When: Starting in feb 2019 lasting 24 months
How much: $500/mo
How was it spent: 40% was transferred or cashed out; self reported data shows it was spent on food, clothes, car repairs, and other basics. (Less than 1% went to alcohol or cigarettes).
Not guaranteed for life. Just 24 months ($12,000) in a city with a very high violent crime rate and poverty rate. I think if they keep following these families they will find that they were working harder in an attempt to save money with the goal of leaving the city.
Who: 125 people at or below median income
When: Starting in feb 2019 lasting 24 months
How much: $500/mo
How was it spent: 40% was transferred or cashed out; self reported data shows it was spent on food, clothes, car repairs, and other basics. (Less than 1% went to alcohol or cigarettes).
Not guaranteed for life. Just 24 months ($12,000) in a city with a very high violent crime rate and poverty rate. I think if they keep following these families they will find that they were working harder in an attempt to save money with the goal of leaving the city.