Free income from broke city 'dangerously bad idea'

Monday, February 12, 2018
 | 
Chris Woodward (OneNewsNow.com)

cash 100-dollar billIt's an idea that has a lot of people watching but one observer warns that a California city's basic income plan diverts the city from its real duties. 

Thanks to a grant program from Bay Area tech entrepreneurs, the formerly bankrupt city government of Stockton will be handing out $500 a month to residents for two years - without any limits on how it is spent. 

If it likes the way things are going, Stockton may continue with public funding.

The idea of a universal basic income is to help people cover basic expenses, and advocates say it could be a replacement for entitlement programs.

"Having one city hand out $500 a month to people for not working seems like a dangerously bad idea, "observes Steven Greenhut, senior fellow and western region director of the R Street Institute "And in reality we'll end up with the continuing programs that we have and then get a cash payment on top of it."

"In Stockton," he continues, "which is an impoverished city, a city that's been in bankruptcy, a city that has done all sorts of misspending - I know the city well - this is not a good idea."

In a related column for the Orange County Register, Greenhut questions how long before we see organized groups of people calling for a higher payment from the government.

"You can't just give people stuff and expect that to fix income inequality," says Greenhut. "Stockton needs to pave the roads, keep the streets safe, lure new businesses, (and) keep the tax burdens low. That would help it compete. That's what people want. That's what they need, are jobs."

Consider Supporting Us?

The staff at Onenewsnow.com strives daily to bring you news from a biblical perspective. If you benefit from this platform and want others to know about it please consider a generous gift today.

MAKE A DONATION

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

What were the most outlandish 'fake news' reports during the 2016 election cycle?

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

Kremlin dismisses US election indictment as lacking evidence
Trump criticizes FBI over handling of shooting suspect tip
Gorsuch deciding vote in key labor union funding case
High court asked to iron out polling place clothing dispute
Israeli PM Netanyahu to Iran: Don't test Israel's resolve
All 65 aboard plane feared dead in crash in southern Iran

LATEST FROM THE WEB

A guaranteed remedy to reduce gun violence at schools
U. Hawaii activists demand US flag no longer fly above state flag because … ‘oppression’
All the laws in the world aren’t going to cut it
Rush Limbaugh: We need concealed-carry in schools
The myth that won't die: Trump won because Putin wanted him to

CARTOON OF THE DAY

Cartoon of the Day

REASON & COMPANY

NEXT STORY
When 'art' intersects with white women's necks

Severed head paintingA black conservative activist says it's hard to comprehend why former president Barack Obama commissioned a controversial artist for his portrait.