Mar 4, 2021A high-profile universal basicincomeexperiment in Stockton, Calif., which gave randomly selected residents $500 per month for two years with no strings attached, measurably improved participants ...
Stockton'sBasic-IncomeExperimentPaysOff A new study of the city's program that sent cash to struggling individuals finds dramatic changes. By Annie Lowrey
Videos for Stockton's Basic-Income Experiment Pays Off
A high-profile universal basicincomeexperiment in Stockton, Calif., which gave randomly selected residents $500 per month for two years with no strings attached, measurably improved participants' job prospects, financial stability and overall well-being, according to a newly released study of the program's first year.
Apr 10, 2023Results are out from a two-year experiment testing the effects of guaranteed income on residents of Stockton, California - but the findings were complicated by the start of the Covid-19 pandemic ...
Michael Tubbs didn't see much risk in giving money to his city's poorest residents, no strings attached. The former mayor of Stockton, a city in California's Central Valley, is a strong proponent of universal basicincome, a policy that essentially pays people for being alive as a way to alleviate poverty.
The program in the Northern California city of Stockton was the highest-profile experiment in the U.S. of a universal basicincome, where everyone gets a guaranteed amount per month for free. Announced by former Mayor Michael Tubbs with great fanfare in 2017, the idea quickly gained momentum once it became a major part of Andrew Yang's 2020 ...
Apr 10, 2023Stockton's universal basicincome program paysoff 12:59. When Stockton, California, resident Gregory Gauthier had to take time off from his job at auto dismantler Pick-n-Pull to recover from ...
The city of Stockton, California, embarked on a bold experiment two years ago: It decided to distribute $500 a month to 125 people for 24 months — with no strings attached and no work requirements.
The cash transfer reduced income volatility, for one: Households getting the cash saw their month-to-month earnings fluctuate 46 percent, versus the control group's 68 percent.
After getting $500 per month for two years without rules on how to spend it, 125 people in Stockton paid off debt, got full-time jobs and reported lower rates of anxiety and depression.
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