Oakland will begin paying $500 to low-income families

[mystery-ak]

Oakland will begin paying $500 to low-income families

Oakland joins 40 other cities in experimenting with a universal basic income.
By
Alexandra Kelley | March 23, 2021




Story at a glance

    Announced on Tuesday, Oakland Mayor Libby Schaaf launched a pilot program allocating $500 to low-income families.
    Other cities, including Stockton, Calif., are implementing similar programs to add evidence of its effectiveness in reducing racial poverty gaps.

The city of Oakland, Calif., officially announced its implementation of a pilot guaranteed income program, which would allocate $500 per month to qualifying low-income households to use at their discretion.

Mayor Libby Schaaf (D) confirmed the launch of the program on Twitter on Wednesday. It is set to expire in 18 months, with 600 Oakland families being the first to participate in the trial run.

“Our vision is an Oakland that has closed the racial wealth gap and where all families thrive,” Schaaf said. “And we believe that guaranteed income is the most transformative policy to achieve this vision and whose time has come.”

more
https://thehill.com/changing-america/respect/poverty/544615-oakland-will-begin-paying-500-to-low-income-families

[PeteS in CA]

Not. Government's. Business.

What government subsidizes it gets more of. This won't end well.