Posted by Tina
Stockton is apparently considering a two year basic income idea that would be funded through a grant offered by tech companies as a “pilot” project. $500 bucks a month would be given to Stockton’s poor (watch that number rise!) without strings attached. The goal is employment and an end to dependence on government assistance. Fat chance. I see the grant ending and a new group of activists lobbying to make this “universal” through the federal government (taxpayer) and without an end to other asstance programs.
I want to hear what Libby thinks about this one.
She’s moving to Stockton.
I’m moving to Stockton, well, I’m just going to get a p.o.box, that ought to be close enough. I am claiming I only make $40 a month selling blood. There’s no penalty for not being honest, it’s all private money, right? So I will say whatever needs to be said in order to get $500 a month just like the other 99% will be doing.
No strings attached, no effort requirements, just more free funding to support a sloth like lifestyle without even a need for cardboard signs ?
Quick, spread the word at Chico’s downtown park plaza homeless central.
Mayor should travel to Venezuela to see how well the Socialist idea works . . . . . .
High fives, j…he should take all of those tech giants with him!
“… $500 bucks a month would be given to Stockton’s poor (watch that number rise!) ”
It bloody well better … $500 will not pay rent, even in Stockton … geez. The “project” sounds like a diabolical corporate plot to discredit the concept.
But depend upon you to slurp it up.
I’m not sure that’s fair. It’s $500 on top of what they already receive either through work or benefits. I don’t think anyone expects it to be enough to live on–that isn’t its purpose. What would discredit the concept of a universal basic income is if it *was* enough to live on–because if it was, then people would stop working.
Eeeewww, Chris, you’ve gone over to the enemy!
“What would discredit the concept of a universal basic income is if it *was* enough to live on–because if it was, then people would stop working.”
We do not know this for a fact. And we cannot find it out with a project that does not truly test the concept. And the under-funding of progressive social ventures is a time-tested Republican ploy to discredit them! And, in fact, early indications from test runs in Europe suggest that there is no raising or lowering of the quantities of people who would or would not otherwise work.
And for pity’s sake, Peggy, pay attention. This is a PRIVATELY funded experiment (by some repulsively wealthy techie), and Stockton was chosen because it is a very good example of a moribund local economy.
A partial subsidy is unlikely to be in any way effective, but we’ll have to see.
Certainly you have to acknowledge that there is *some* point at which people get enough money that they stop working. I don’t think any economist disputes this.
I agree with most of your other points.
“The ‘project’ sounds like a diabolical corporate plot to discredit the concept.”
If it is, it’s a left wing diabolical corporate plot!
Libby I’m surprised that you’re unaware of Silicon Valley’s radical left CEO’s. Get with the program girl.
They have a problem now though cause they’ve P*$$ed off both the left and the right according to Victor Davis Hansen at National Review:
Sounds more like they’re just trying to get back into the left wing’s good graces!
I was referring to a “rise” in Stockton’s poor.
Stockton already went broke and filed bankruptcy in 2012. Didn’t they learn anything or are the same idiots in charge? Their homeless population is about to boom like bears being attracted to honey.
How Stockton went broke: A 15-year spending binge:
“SPEND, SPEND, SPEND
Other U.S. cities have also experienced boom and bust like Stockton.
But analysts and investors generally see Stockton as an extreme case of fiscal mismanagement over the past two decades.
Daniel Berger, a senior market analyst at Municipal Market Data, a unit of Thomson Reuters, said last week, before the bankruptcy filing, that the municipal bond market had viewed Stockton’s fiscal problems as “a slow-moving train wreck.” The possible bankruptcy filing, he said at the time, was seen as an “isolated occurrence.”
As the 2000s advanced, Stockton continued to spend freely with the support of voters, politicians from both parties, employees and bondholders. Rating agencies were quiet about any risks and only started to downgrade the city’s creditworthiness two years ago.”
https://www.reuters.com/article/us-stockton-bankruptcy-cause/how-stockton-went-broke-a-15-year-spending-binge-idUSBRE8621DL20120703
Off topic, but not to be missed!
http://www.theamericanmirror.com/video-dem-rep-falls-asleep-house-floor-nancy-pelosi-speaks/
Doris is making a good use of her time!
She also brought her blankey…smart move.
Yup.
http://americaoutloud.com/california-becoming-third-world-country/?utm_source=facebook&utm_medium=social&utm_campaign=SocialWarfare
Yup, this is the California we now live in.
“While the reasons for California’s ever-spiraling downwards status from 1st World economic prominence and prosperity to near 3rd World malaise are many; I will assert that when you combine uber-liberal politicians, with rich elitist Hollywood Celebrities, dotcom CEO’s billionaires, disengaged millennials and illegal aliens; you in effect create the circumstances where your city of state becomes a 3rd World environment.”
Time for some badly needed humor.
Finally A President Trump Joke!
Donald is walking out of the White House and heading toward his limo, when a possible assassin steps forward and aims a gun.
A secret service agent, new on the job, shouts “Mickey Mouse!” This startles the would be assassin and he is captured.
Later, the secret service agent’s supervisor takes him aside and asks, “What in the world made you shout Mickey Mouse?”
Blushing, the agent replies, “I got nervous. I meant to shout “Donald duck!”