Monday 7 October 2019

Stockton Residents Who Received $500 a Month in Basic Income Experiment Spent Money on Food, Clothing and Bills

Stockton Residents Who Received $500 a Month in Basic Income Experiment Spent Money on Food, Clothing and Bills

The first data from an experiment in a California city where needy people get $500 a month from the government shows they spend most of it on things such as food, clothing and utility bills. The 18-month, privately funded program started in February and involves 125 people in Stockton. It is one of the few experiments testing the concept of “universal basic income,” an old idea getting new attention from Democrats seeking the 2020 presidential nomination.

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