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A California City Tested Universal Basic Income. Here’s How Recipients Spent the $500 in Free Money
Fortune ^ | October 3, 2019 | Adam Beam and Associated Press

Posted on 10/04/2019 8:20:21 PM PDT by fwdude

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 like 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.

Stockton Mayor Michael Tubbs has committed to publicly releasing data throughout the experiment to win over skeptics and, he hopes, convince state lawmakers to implement the program statewide.

(Excerpt) Read more at fortune.com ...


TOPICS: Culture/Society; Government; News/Current Events
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Yeah, “free” money is such a good liberal idea. (/sarc)

Just skip through the endless money orchard and grab arms-full.

1 posted on 10/04/2019 8:20:21 PM PDT by fwdude
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To: fwdude

they spend most of it on things like food, clothing and utility bills...

You mean the things other people pay for with their WORK INCOME?!?!


2 posted on 10/04/2019 8:21:50 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: fwdude

I wondered why there was such a rush on Pappy Van Winkle. Now I know.


3 posted on 10/04/2019 8:22:27 PM PDT by BipolarBob (Dislexics are teople poo.)
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To: fwdude
People in the program get $500 each month on a debit card, which helps researchers track their spending. But 40% of the money has been withdrawn as cash, making it harder for researchers to know how it was used. They fill in the gaps by asking people how they spent it.

Yeah, I’ll bet they’re completely honest answering those questions, too.

4 posted on 10/04/2019 8:22:43 PM PDT by fwdude
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To: dp0622

Exactly. I don’t know the circumstances of these people’s lives, whether they’re just poor or mentally retarded or physically disabled, but those who aren’t could be paid to pick up trash on the streets, plant flowers in the town center, paint curbs, etc. for the money they get. I’m sure the unions won’t allow it though.


5 posted on 10/04/2019 8:24:10 PM PDT by Amberdawn (Want To Honor Our Troops? Then Be A Citizen Worth Fighting For.)
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To: Amberdawn

The ones you mentioned are already getting help.

And you’re right.


6 posted on 10/04/2019 8:24:55 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: fwdude

That is $500 confiscated from someone with a job who had to work for that money.

Gee that sounds really fair.


7 posted on 10/04/2019 8:25:31 PM PDT by ChildOfThe60s (If you can remember the 60s........you weren't really there)
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To: fwdude

Lots of fungible stuff can be bought and traded or resold to get drugs. And since it’s free money, who cares what the exchange rate is?


8 posted on 10/04/2019 8:26:34 PM PDT by bigbob (Trust Trump. Trust the Plan.)
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To: fwdude

Tattoos and weed. The rest, they wasted.


9 posted on 10/04/2019 8:27:51 PM PDT by GnuThere
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To: ChildOfThe60s

Bump! You are 100% correct. This is why the program will never be popular. The payers will always resent the payees.


10 posted on 10/04/2019 8:28:59 PM PDT by upchuck (Democraps say the President is out of control. They mean the President of out of THEIR control.)
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To: ChildOfThe60s
To be fair, this was a privately funded trial run to see how the money would be spent. Any rationally thinking person could see that that is not determinable.

Money is fungible, and existing money spent on bills and groceries that is replaced by “free” money will just be spent on the irresponsible vices that make many of these people poor to begin with.

Poverty is most often a mindset, which can’t be cured by cash.

11 posted on 10/04/2019 8:29:16 PM PDT by fwdude
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To: fwdude

from a bankrupt city with a very high crime rate, reported and otherwise
basically, a city which had great potential and has been destroyed from within, including its sick politics

sort of like a number of cities, come to think on it...
alas


12 posted on 10/04/2019 8:29:53 PM PDT by faithhopecharity ( “Politicians are not , born; they are excreted.” Marcus Tullius Cicero (106 to 43 BCE))
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To: dp0622

“they spend most of it on things like food, clothing and utility bills...”

I believe the “working poor” are receiving the money. My question, what are they sending their own income on and is that being monitored?


13 posted on 10/04/2019 8:30:14 PM PDT by DAC21
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To: bigbob

This is exactly how the food stamp black market operates. You can buy ANYTHING with food stamps if you have an exchange agent and are willing to pay a premium.


14 posted on 10/04/2019 8:30:33 PM PDT by fwdude
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To: ChildOfThe60s

Like the useless 0bammy says, you didn’t make that.
If it weren’t for the muzzies, we wouldn’t have made it to the moon.

It’s better for all when you spread the wealth around.


15 posted on 10/04/2019 8:33:42 PM PDT by redshawk (Willie's Whore was bused......oh my...lying pig)
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To: fwdude

Good point. Although were it to become policy it would be coming out of working man’s wallet.

On the point about money being fungible, that’s a pretty good example of what the state governments have done with lottery money. At least when I was in Florida and they started the lottery that’s what they did. They gave the lottery money to the school systems and then cut the school system’s budgets. That way they had more tax money to piss away elsewhere.


16 posted on 10/04/2019 8:35:26 PM PDT by ChildOfThe60s (If you can remember the 60s........you weren't really there)
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To: fwdude

“...they spend most of it on things like food, clothing and utility bills. “

>>>>>>>>>>

Assuming they were spending money on food, clothing and utilities before, it is disingenuous to say they are spending the extra $500 on those items.

It does not answer what they are doing with the additional $500.


17 posted on 10/04/2019 8:35:34 PM PDT by Ken H (2019 => The House of Representin')
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To: fwdude
"Free money?" Nothing is "free" from the government. Nonsense. You had to sign up as a start, then guess what happens as a follow up. That money was paid for by other people who had it coercively taken from them. What crap.
18 posted on 10/04/2019 8:36:52 PM PDT by Fungi
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To: fwdude

I favor this if it replaces all other monetary aid and if it means stricter guidelines for SNAP. Also when the money is spent no do-overs.


19 posted on 10/04/2019 8:37:01 PM PDT by lastchance (Credo.)
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To: upchuck

Still hasn’t stopped the state from giving our money away up to this point.


20 posted on 10/04/2019 8:38:06 PM PDT by ChildOfThe60s (If you can remember the 60s........you weren't really there)
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