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Guaranteed income may be the answer to inequality
 [AlterNet] At a glance, the American economy is doing pretty well. Unemployment has hit a record low. The stock market just hit a record high. Millions of people are finding work in the "gig economy."But this rosy picture isn’t telling the whole story. It ignores the many women and men who are working one, two, or more jobs, and still struggling to make ends meet. The middle class is shrinking, the wealth gap is growing, and most Americans don’t have an extra $500 laying around to cover an emergency bill. You’ll find plenty of evidence of this side of the economy in Stockton, California. It’s just an hour and change drive from Silicon Valley, but essentially none of tech’s wealth has made its way to the city of 300,000. Stockton has had the dubious honors of being the foreclosure capital of America, the largest city to seek bankruptcy protection, and can often be found on lists of the worst and most dangerous cities in the United States. One in four Stocktonians lives below the poverty line. The time has come to try something radical. Posted by: Besoeker 2019-05-18 |
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