One of the backers for the Stockton UBI program is Facebooks co-founder Chris Hughes, whose organization, the Economic Security Project, contributed $1 million to the Stockton initiative... One-in-four people in the city of more than 300,000 live in poverty, with the median household income sitting at $49,271, compared to $57,617 nationally.
IOW, another dickwad who got rich by accident, who speaks in meaningless buzzwords and doesn't know math or economics, or even sociology. 75,000 split $1 million and get $13.33 per person. $3.6 billion would give the 75,000 who live in poverty $49,271 each. It would also cause the cost of living to rise. The barnacles getting the money would go right down and upgrade their phones and upgrade their phone plans; they'd buy nice cars; they'd be broke in 30 days.