Posted on 01/24/2018 5:56:56 AM PST by artichokegrower
A California city plans to give several dozen families $500 a month for a year as part of a program to study the economic and social impacts of giving people a basic income.
The program in Stockton will track what residents do with the money and how having a universal basic income affects their self-esteem and identity, San Francisco radio station KQED reported .
(Excerpt) Read more at sacbee.com ...
At first glance it appears idiotic. However, years ago economist Milton Friedman advocated a “negative income tax” wherein every adult citizen in the lowest level would be give a lump sum every year as an alternative to welfare payments. Friedman was the polar opposite of liberal.
Leftist morons. How about lowering taxes and creating friendly economic climates for businesses to flourish and create more jobs for citizens. They will make more money than the welfare giveaway plus it generates more tax revenue for the city too. Can’t have that successful model—- not on the leftist agenda of communism/ socialism failure.
Sounds like more money for drink and drugs per family, no matter how ‘carefully’ the money is monitored.
Local drug lords are cackling with glee
Wasn’t Stockton bankrupt not long ago?
Drug dealers will be the primary recipients of that money. The rest will be spent on home delivery pizza, new flat screen TVs and gaming consoles.
This is going to take most of the day to stop laughing!
“”just like biden tracking every last dime of how the porkulus package back in ‘09””
AMEN - he made the promise and that was the last any of us ever heard about the accounting of all those billions!!
This was already tested in the late Soviet Union.
Looks like someone took their stupid pills.
Self-esteem and identity, huh?
More word salad bullzhit.
Is that where the “earned income tax credit” came from?
California is a lost cause socialist Utopia
More welfare, because it hasn’t been tried before.
This is going to drive the price of street drugs up.
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