Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

yearly cost of basic income for Stockton

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American City Tries Basic Income

Since Stockton’s population was 307,072 in 2016; a real Basic Income would require serious money its government probably lacks. It would cost $153.536 million to give $500 to give each Stockton’s citizens a month. The yearly cost of basic income for Stockton would be around $1.8 billion, so simple mathematics might doom such a scheme.

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