Watch this California mayor break down what universal basic income is and the path to achieve it
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While former presidential hopeful and entrepreneur Andrew Yang had a lot of people talking about universal basic income (UBI), he is far from the only politician to advocate for the program. In fact, Michael Tubbs, the mayor of Stockton, California, is not onWatch this California mayor break down what universal basic income is and the path to achieve it
While former presidential hopeful and entrepreneur Andrew Yang had a lot of people talking about universal basic income (UBI), he is far from the only politician to advocate for the program. In fact, Michael Tubbs, the mayor of Stockton, California, is not only a major advocate for UBI—he has actually run a pilot program in his own city. As part of Stockton’s experimental pilot program, 125 residents who earned less than the city’s median annual income (about $46,000 per year) received $500 from the city on a monthly basis. Stockton’s program, known as the Stockton Economic Empowerment Demonstration (SEED), is an 18-month pilot and made Stockton the first city in the United States to try out UBI in a real way. Tubbs linked up with Daily Kos behind the scenes at last summer’s Netroots Nation to talk about UBI, why it matters, and a realistic path forward for the program. Of course, it’s nearly impossible to talk about UBI without discussing some of the major misconceptions, including the argument that it’s a “handout.” On that note, Tubbs says that “folks just need a floor upon which to build upon” and that people “deserve an income floor.” What do we actually do achieve this inspiring goal? Check out the Making Progress with Mayor Tubbs below. Read more