- A high-profile universal basic income experiment in Stockton, Calif., which gave randomly selected residents $500 per month for two years with no strings attached, measurably improved participants’ job prospects, financial stability and overall well-being.
- The Stockton Economic Empowerment Demonstration, or SEED, was founded in February 2019 by then-Mayor Michael Tubbs and funded by donors, including the Economic Security Project. It gave 125 people living in neighborhoods at or below Stockton’s median household income the unconditional monthly stipend.
- “The last year has shown us that far too many people were living on the financial edge, and were pushed over it by COVID-19,” Tubbs said in a statement. “Before SEED came along, I was paying a lot of bills and didn’t know how I was gonna eat,” a participant named Laura said in a testimonial. “It’s like being able to breathe.”
See full story here.