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MAKE ENDS MEET.
IT'S GOING TO START PAYING THEM.
WE SENT KPIX 5'S JOHN RAMOS TO
FIND OUT HOW THIS "UNIVERSAL
INCOME" EXPERIMENT WILL WORK.
During the Great Recession,
Stockton gained infamy by being
the largest city in America to
declare bankruptcy. Even now it
suffers twice the state average
of unemployment and half its
workers make only minimum wage.
That is ITS status quoâ John
Ramos/standup
"But in the last election, the
city elected a new mayor who is
NOT afraid to think outside the
box." When 26-year old Michael
Tubbs became Stockton's
youngest- ever mayor in 2017 he
arrived with ideas to challenge
the status quo. And now,
Stockton will soon be the site
of a fascinating social
experiment. Mayor Michael
Tubbs/City of Stockton "Ideally,
I would like to serve 100
families for 18 months at 500
dollars a month." The so-called
"SEED" project will give a small
group of low-income residents a
modest, no- strings attached
monthly income. Funded by a
million dollar private grant
from a tech-based group called
the Economic Security Project,
SEED creates a real-world
research model of what's known
as a Universal Basic Income.
(Mayor) "They were looking for a
city to pilot what would a
"basic income" look like? And
what could that do for people's
lives?" As each new tech
innovation removes more and more
humans from the workforce, there
have been calls for some sort of
basic income to support the
people left out of the economy.
Organizers say the SEED program
will track the way money is
spent and how it affects the
lives of those receiving it.
They would like to one day see
it extended to every
Americanâalthough no one is
offering WHO should bear such an
enormous cost. Hector Lara/Exec.
Dir., Reinvent So. Stockton
Coalition
"We really hope that through
this implementation we can learn
from thatâand that may shape
future policy, it may shape
future ideas around where this
funding would come from."
No public money is going into
the project but the very concept
of a universal basic income is
unpopular with some people who
see it as a revival of the old
"welfare state." But the mayor
believes something has to
changeâhe says the people he
represents simply aren't making
it. (Mayor) "My premise is the
status quo is unacceptable and I
didn't get elected to be LIKED.
I got elected to DO things that
actually make a difference."
No one knows if a basic income
will ever be embraced but
business's need for workers IS
shrinking. And that's left
policy makers searching for ways
to bridge the growing gap
between the "haves" and the
"have nots." In StocktonSEED
PROGRAM HAVE YET TO BE DECIDED..
SUCH AS.. WHO WILL BE ELIGIBLE..
AND HOW THEY'LL BE TRACKED. BUT
THE MAYOR SAYS: HE HOPES TO SEND
OUT THE FIRST PAYMENTS BY THE
END OF THE YEAR.