Let's All Move To Stockton

Stockton CA may become the promised land if this initiative goes through:

“I feel that as mayor it’s my responsibility to do all I could to begin figuring out what’s the best way to make sure that folks in our community have a real economic floor,” [Michael] Tubbs said.

Tubbs is coordinating an effort to test a new way to sustain residents: universal basic income, or UBI. For one year, several dozen Stockton families will get $500 a month, no strings attached.

Dorian Warren co-chairs the Economic Security Project, which is contributing $1 million to the initiative. He said the goal is to gather data on the economic and social impacts of giving people a basic income.

In addition to tracking what residents do with the money, Warren said they will be monitoring how a basic income affects things like self-esteem and identity.

You can read the rest @
https://ww2.kqed.org/news/2018/01/22/stockton-gets-ready-to-experiment-with-universal-basic-income/

How does free money affect self-esteem and identity? We already know the answer ... it turns us into lazy bums.

There are two things which I am convinced will NOT solve our economic problems:

1. universal basic income; and
2. an economy based upon ANY sort of fantasy.

The former has no economic underpinnings, and the latter generates money mostly for the one percent.

Face it - we have lost our way.