California: Michael Tubbs, the 26-year old Mayor of Stockton, will provide a universal basic income ($500 per month) to low-income residents. Stockton was the largest city in America to claim bankruptcy during the financial crisis. Critics fear it will create a welfare state. [Stockton already IS a welfare state. We predict that, when the 'experiment' is finished, it will be seen as a colossal failure, but those who are well paid to administer the welfare state will claim that the only reason it failed is that $500 was not enough. The result will be another 'experiment' at $1,000, and another at $2,000, and so on to eternity.] [...]
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