DevNull127 writes: A video report from NBC News profiles “Springboard to Opportunities,” an advocacy group for affordable housing residents that’s now also testing $1,000-a-month payments (privately-funded) for 20 women in Mississsippi chosen at random. One senior-living aid making $10.31 an hour says the grants represent “a little freedom”. She’s using the money to pay down debt — and to visit the father in Pennsylvania who she hasn’t seen in 20 years.
Meanwhile, CBS MoneyWatch checked in on one of the 14 people picked to receive $1,000 a month for an entire year in the “Freedom Dividend Pilot Program” of U.S. presidential candidate Andrew Yang. “Sure, there’s going to be outliers that take advantage of any situation,” says Chad Dzizek. “But most people are just trying to get by. Having extra money in hand would only help move that process along. And I don’t see myself slacking off anymore. If anything, I’m going to be more aggressive in tackling my goals because it’s that much more available.”
That article adds that Yang, a former tech entrepreneur, “sees this as a way to reduce poverty and income inequality, especially as computers increasingly replace people in the workplace.” Although the program has already run into at least one hitch.
Following the program’s announcement in September, the former chairman of the Federal Elections Commission told CBS News that the program appears to violate “personal use” campaign finance laws since the funds come from Yang’s campaign and not his own pocket. Others, however, have argued that the program could be classified as an advertisement for the campaign. The Yang campaign declined to comment.
Business Insider also has an update on the Basic Income plan of Michael Tubbs, the 28-year-old mayor of Stockton, California, where 125 people making less than $46,000 a year are now being given $500 a month. “In October, Stockton released the first set of data about how the program was faring. Most participants, initial results showed, were using their stipends to buy groceries and pay their bills.
“Tubbs told Business Insider that these preliminary findings gave him even more confidence that basic income would benefit his city — and could even serve as a national solution to income inequality… Stockton’s basic-income experiment is designed to last for 18 months, so there are still about eight to go. If the pilot is successful, Tubbs said, the city will consider expanding the program.”
Read more of this story at Slashdot.
Source: Slashdot – More Small Tests Are Happening For Universal Basic Incomes