Oakland Announces One of the Largest Guaranteed Income Pilots in U.S.
Mina Kim hosts a discussion on the growing number of guaranteed income programs.
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Show Notes
Oakland Mayor Libby Schaaf announced Tuesday that the city is launching a guaranteed income pilot program this spring for 600 residents, one of the largest programs in the U.S. to date. Shortly following Oakland’s announcement, Marin’s board of supervisors voted unanimously to launch its own pilot program for 125 low-income residents over two years. Earlier this month, a study of Stockton’s now completed experiment with guaranteed income found that there were measurable improvements to the well being, job prospects and financial stability of the participants. Critics of a universal basic income policy, however, are wary of the cost to scale these kinds of programs and fund them with public dollars. Stockton’s program was and Oakland’s program will be privately funded. We’ll take up the conversation on guaranteed income programs.
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