Los Angeles moves toward guaranteed income program to fight poverty - World News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
In February 2019, then-Stockton Mayor Michael D. Tubbs launched the Stockton Economic Empowerment Demonstration (‘SEED’), a 24-month guaranteed income initiative, the first mayor-led initiative of the sort in the US. Two years later, the preliminary results from the first twelve months of the experiment (through to February 2020, before the pandemic) have been released and the key findings are positive with the guaranteed income reducing income volatility, enabling access to full-time work, improving mental health and allowing better control over one’s time and decisions.
Program design
Under the SEED program, 125 Stockton residents were randomly selected to receive $500 per month for two years with no conditions attached to the handout and limited eligibility criteria namely: being at least 18 years old, being a Stockton resident and living in a neighbourhood at or below the median income ($46,003 in Stockton). A control group of 200 individuals meeting those same criteria w
April 19, 2021 6:00 AM
California cities are leading the charge pushing to explore guaranteed basic income programs. Left-to-right: Former Stockton Mayor Michael Tubbs, Los Angeles Mayor Eric Garcetti, Compton Mayor Aja Brown. (Illustration by Al Kamalizad for LAist. Photos from Getty Images.)
Los Angeles Mayor Eric Garcetti is proposing a guaranteed basic income pilot program in his upcoming budget, putting L.A. front and center in the debate over how government can most effectively combat poverty and spur equitable economic recovery in the wake of the coronavirus pandemic.
The $24 million program would be the largest experiment of its kind in the United States.
Money pile
While New Orleans has yet to publicly announce the specifics of its upcoming guaranteed income pilot, it has identified its target population: opportunity youth young people between the ages of 16 and 24 who are neither in school nor working.
Now, city officials are looking to unconditional cash payments as a potential way to help them reconnect.
“To my knowledge, there hasn t been a pilot in the world that s been targeted at this specific demographic,” Joshua Cox, director of strategic initiatives for the City of New Orleans, said in an interview with New Orleans Public Radio.
“We think it s a tremendous opportunity to show the effects of direct cash and giving folks the ability to make decisions that are best for their lives.”
New Orleans Will Give Unconditional Cash Payments To Opportunity Youth kedm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kedm.org Daily Mail and Mail on Sunday newspapers.