Subtitles section Play video Print subtitles 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.
B1 US mayor stockton income basic income basic elected Stockton Mayor Pushes Experiment in Universal Basic Income 16 1 王惟惟 posted on 2018/09/05 More Share Save Report Video vocabulary