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California City Is First in U.S. to Give Away Free Cash to Fight Income Inequality

Posted on 5/31/18 at 1:48 am
Posted by Bench McElroy
Member since Nov 2009
33922 posts
Posted on 5/31/18 at 1:48 am
quote:

This town in California’s Central Valley has long functioned as a display case for wrenching troubles afflicting American life: The housing bust that turned Stockton into an epicenter of a national foreclosure disaster and plunged the city into bankruptcy. The homeless people clustered in tents along the railroad tracks. Boarded-up storefronts on cracked sidewalks. Gang violence.

Now, Stockton hopes to make itself an exhibition ground for elevated fortunes through a simple yet unorthodox experiment. It is readying plans to deliver $500 a month in donated cash to perhaps 100 local families, no strings attached. The trial could start as soon as the fall and continue for about two years.

As the first American city to test so-called universal basic income, Stockton will watch what happens next. So will governments and social scientists around the world as they explore how to share the bounty of capitalism more broadly at a time of rising economic inequality.


LINK
Posted by northshorebamaman
Cochise County AZ
Member since Jul 2009
35464 posts
Posted on 5/31/18 at 1:51 am to
quote:

cash to perhaps 100 local families,
quote:

As the first American city to test so-called universal basic income

How is 100 families universal? There's 300,000 people in Stockton. Sounds like plain old welfare to me.
This post was edited on 5/31/18 at 1:57 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69250 posts
Posted on 5/31/18 at 2:09 am to
It always amazes me that people for some reason think the natural state of things is for income to be “equally distributed”. That is not how society has traditionally worked. You are paid for your productivity and how much you contribute to the aggregate economy. There is no reason to think that the urge and drive and incentive to be productive in an economy is equally distributed among the population. Some people are more productive than others and that causes inequality


We don’t have a distribution problem, we have a productivity problem. Our poor actually work SIGNIFICANTLY LESS than our rich


This post was edited on 5/31/18 at 2:10 am
Posted by stelly1025
Lafayette
Member since May 2012
8493 posts
Posted on 5/31/18 at 2:13 am to
This has been tried in Finland and was scrapped... It does not and will not work ,but let them try I guess...

Posted by starsandstripes
Georgia
Member since Nov 2017
11897 posts
Posted on 5/31/18 at 2:23 am to
[Trust Socialism]
Posted by mizzoubuckeyeiowa
Member since Nov 2015
35442 posts
Posted on 5/31/18 at 2:25 am to
Ever seen The Road Warrior?

That's the Central Valley.

It's a wasteland. No water, no gas...no dice.
Posted by TenWheelsForJesus
Member since Jan 2018
6458 posts
Posted on 5/31/18 at 2:35 am to
It's almost like there is a blueprint for how not to be poor in this country.


Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 5/31/18 at 6:21 am to
Economics; so few understand it
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54202 posts
Posted on 5/31/18 at 6:24 am to
quote:

Stockton


Town went to shite when all the Barkleys died off.
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 5/31/18 at 6:29 am to
And the mass exodus of California’s tax paying citizens continues to grow.
Posted by bamarep
Member since Nov 2013
51794 posts
Posted on 5/31/18 at 6:32 am to
This only proves what I've been saying for years. The left cares nothing about equal opportunity.


Equal results is what they want.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259906 posts
Posted on 5/31/18 at 6:35 am to
quote:

This town in California’s Central Valley has long functioned as a display case for wrenching troubles afflicting American life: The housing bust that turned Stockton into an epicenter of a national foreclosure disaster and plunged the city into bankruptcy.


Who the hell writes this crap?
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 5/31/18 at 6:36 am to
quote:

It always amazes me that people for some reason think the natural state of things is for income to be “equally distributed”.


and the left would completely ban the discussion Bell curves if they could

party of science my arse

Everything involving social/econ populations of people is on normal distributions
Posted by Revelator
Member since Nov 2008
57835 posts
Posted on 5/31/18 at 6:38 am to
quote:

It always amazes me that people for some reason think the natural state of things is for income to be “equally distributed



Plus, the myriad of bad decisions that a particular individual made to get to his present state is never a factor.
Posted by Pvt Hudson
Member since Jan 2013
3536 posts
Posted on 5/31/18 at 6:44 am to
I’d love to be a meth dealer in Stockton right about now...
Posted by BBONDS25
Member since Mar 2008
48096 posts
Posted on 5/31/18 at 6:45 am to
You always post stories. Make no comment. And never return to the thread. It's a very strange posting style.
Posted by the808bass
The Lou
Member since Oct 2012
111496 posts
Posted on 5/31/18 at 6:45 am to
quote:

Our poor actually work SIGNIFICANTLY LESS than our rich


Why do you hate the poor? Don’t ask them to work. Give them stuff. Filthy capitalist pig.
Posted by BeeFense5
Kenner
Member since Jul 2010
41291 posts
Posted on 5/31/18 at 6:47 am to
The daily bench McElroy pro liberal thread where doesn’t leave any commentary.
Posted by roguetiger15
Member since Jan 2013
16148 posts
Posted on 5/31/18 at 6:47 am to
i mean lets be honest-it doesn't matter if it's cash or food stamps it all comes off the backs of taxpayers and it should be frickin illegal. this country has a serious, serious case of "woe is me" and i'm afraid it will just keep getting worse.
Posted by BamaChemE
Midland, TX
Member since Feb 2012
7138 posts
Posted on 5/31/18 at 6:48 am to
So you’re saying if I get an education, work full time, and stay married my chances of being poor are minuscule?


[sarcasm] Why do they make it so hard to be successful? [/sarcasm]
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