6 Places Giving Free Money to Residents Through Guaranteed Income
Summary
Several U.S. cities are embracing guaranteed income programs, offering residents free money as a bold solution to poverty. Places like Hudson, New York, and Compton, California, are pioneering this initiative, providing unconditional cash transfers to low-income individuals. The aim is to address financial instability and boost economic mobility. Supporters argue that such programs empower individuals and stimulate local economies. Critics, however, raise concerns about sustainability and potential disincentives to work. Despite debates, the movement gains momentum as more cities explore innovative approaches to combat poverty and create a more equitable society through direct financial support.
Money
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