05-06-2018 16:40 via Technocracy News

Stockton, CA Fights Poverty With Guaranteed Basic Income

Stockton, California has been in and out of bankruptcy but now sees the light on solving its large homeless problem: simply give taxpayer money away to all of them ala Technocracy’s “Universal Basic Income”. This is a localized version of wealth re-distribution and is all but guaranteed to throw the city back into bankruptcy. ⁃ TN EditorMichael Tubbs, the 27-year-old mayor of Stockton, California, has a radical plan to combat poverty in his cash-strapped city: a “no
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