Guaranteed income embraced by leaders of some of largest US counties
Source: ABC News
Some of the largest counties in the U.S. are joining forces to provide guaranteed income to residents in need.
County leaders from Los Angeles County, Chicago's Cook County, Houston's Harris County and more help make up Counties for Guaranteed Income, a coalition of local leaders hoping to collect research to try to expand no-strings-attached cash assistance programs nationwide.
Research suggests that guaranteed income can provide a path to financial stability and address poverty as well as racial, wealth or income inequalities.
"It's not just the morally right thing to do. It's actually pragmatic and economically a smart strategy as well," Will Jawando, a Montgomery County, Maryland, councilmember at-large, told ABC News. "We saw with the child tax credit, we saw with the stimulus."
Read more: https://abcnews.go.com/US/guaranteed-income-embraced-leaders-largest-us-counties/story?id=97190018
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RKP5637
(67,112 posts)nuxvomica
(12,556 posts)I said that when they've done GBI studies, two common results were 1) teenagers weren't working and 2) they were doing much better in school. For middle-class families and higher there's often been this drive to have teenagers work but usually just during the summer, so we think of it as virtuous but in less well-off families, teenagers usually have to work year-round to help the family and their grades suffer as a result, condemning them to the poverty cycle.
MichMan
(12,096 posts)FakeNoose
(33,447 posts)Otherwise the Repukes will name it something awful - like "BidenBucks" or whatever.
They did the same thing by renaming "Obamacare," and it led to a huge misunderstanding for dumb, easily-duped Americans. Let's be a little more proactive with this and get out in front of the ChumpHumpers.