The Big Yang Theory: Study Shows $500/Month Free Money Makes People Happy

First results from a universal basic income (UBI) study in Stockton, California, shows that free money makes people happy, and that they spend most of it on basic needs like food and utilities, rather than on drugs, alcohol or gambling. Stockton Mayor Michael Tubbs wants his $500 per month stipend experiment done statewide. Do these early results in a small-scale study bolster Democrat presidential candidate Andrew Yang’s White House run as he campaigns on a nationwide $1000 per month UBI plan?

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