Universal basic income has been attempted repeatedly. It works every time.

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Image for article titled Universal Basic Income tried again and again.  It works every time.

picture, Nick Otto/AFP ,getty images,

The city of Stockton, California began a ubi experiment In 2019, by all available metrics, it has been a huge success. The SEED program, as it is called, provides a monthly unconditional sum of $500 to 125 low-income participants for two years.

an analysis of the program revealed that This helped to improve the life experience of those involved, who reported feeling “healthier, with less depression and anxiety and better well-being” than those who did not receive the funding. Analysis It also revealed that the excess cash was mainly used to pay for basic needs. Recipients spent most of the money on food (such purchases accounted for between 34–40 percent of money spent), as well as retail merchandise, car care, utilities, insurance, and medical expenses, as well as very little on self-care. Spent the amount. Stockton’s schedule is credited with Other cities, particularly in California, have inspired other similar pilot programs.

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