Placeholder Image

Subtitles section Play video

  • MAKE ENDS MEET.

  • IT'S GOING TO START PAYING THEM.

  • WE SENT KPIX 5'S JOHN RAMOS TO

  • FIND OUT HOW THIS "UNIVERSAL

  • INCOME" EXPERIMENT WILL WORK.

  • During the Great Recession,

  • Stockton gained infamy by being

  • the largest city in America to

  • declare bankruptcy. Even now it

  • suffers twice the state average

  • of unemployment and half its

  • workers make only minimum wage.

  • That is ITS status quoâ John

  • Ramos/standup

  • "But in the last election, the

  • city elected a new mayor who is

  • NOT afraid to think outside the

  • box." When 26-year old Michael

  • Tubbs became Stockton's

  • youngest- ever mayor in 2017 he

  • arrived with ideas to challenge

  • the status quo. And now,

  • Stockton will soon be the site

  • of a fascinating social

  • experiment. Mayor Michael

  • Tubbs/City of Stockton "Ideally,

  • I would like to serve 100

  • families for 18 months at 500

  • dollars a month." The so-called

  • "SEED" project will give a small

  • group of low-income residents a

  • modest, no- strings attached

  • monthly income. Funded by a

  • million dollar private grant

  • from a tech-based group called

  • the Economic Security Project,

  • SEED creates a real-world

  • research model of what's known

  • as a Universal Basic Income.

  • (Mayor) "They were looking for a

  • city to pilot what would a

  • "basic income" look like? And

  • what could that do for people's

  • lives?" As each new tech

  • innovation removes more and more

  • humans from the workforce, there

  • have been calls for some sort of

  • basic income to support the

  • people left out of the economy.

  • Organizers say the SEED program

  • will track the way money is

  • spent and how it affects the

  • lives of those receiving it.

  • They would like to one day see

  • it extended to every

  • Americanâalthough no one is

  • offering WHO should bear such an

  • enormous cost. Hector Lara/Exec.

  • Dir., Reinvent So. Stockton

  • Coalition

  • "We really hope that through

  • this implementation we can learn

  • from thatâand that may shape

  • future policy, it may shape

  • future ideas around where this

  • funding would come from."

  • No public money is going into

  • the project but the very concept

  • of a universal basic income is

  • unpopular with some people who

  • see it as a revival of the old

  • "welfare state." But the mayor

  • believes something has to

  • changeâhe says the people he

  • represents simply aren't making

  • it. (Mayor) "My premise is the

  • status quo is unacceptable and I

  • didn't get elected to be LIKED.

  • I got elected to DO things that

  • actually make a difference."

  • No one knows if a basic income

  • will ever be embraced but

  • business's need for workers IS

  • shrinking. And that's left

  • policy makers searching for ways

  • to bridge the growing gap

  • between the "haves" and the

  • "have nots." In StocktonSEED

  • PROGRAM HAVE YET TO BE DECIDED..

  • SUCH AS.. WHO WILL BE ELIGIBLE..

  • AND HOW THEY'LL BE TRACKED. BUT

  • THE MAYOR SAYS: HE HOPES TO SEND

  • OUT THE FIRST PAYMENTS BY THE

  • END OF THE YEAR.

MAKE ENDS MEET.

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it