Tag Archives: Unites States

(1231) Stockton, CA

Stockton, California did a post-2008 crash-and-burn rivalled perhaps only by Detroit in terms of American municipal financial disaster.  By embracing an economy built on minimally regulated suburban real-estate development and low taxes the city of about three hundred thousand in the San Joaquin Valley ran maximum risk with its economic health.  The result?  Maximum bust.
Stockton, CA: one of America’s most miserable cities just got more miserable
forbes.com
All the woes of America from foreclosures to rising crime and obesity and declining schools seem to beset Stockton and grip the city in a depressing vice.  A new mayor, however, has begun to reconceive Stockton with a modest basic income program as part of his plan for trying to move things forward.
Three years ago, Stockton, California, was bankrupt. Now it’s trying out a basic income. A city on the outskirts of Silicon Valley is using Facebook money to fund a basic income trial
vox.com (numerous links)