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On Point | Podcast

The results are in on America's largest universal income experiment

On Point | Podcast

WBUR

Talk Show, Daily News, News, Npr, On Point, Daily

4.23.5K Ratings

🗓️ 19 August 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

For three years, hundreds of people in Texas and Illinois received payments of $1,000 a month, no strings attached. It was the biggest study of its kind. And after eight years of research – the results are in. What did we learn?

Transcript

Click on a timestamp to play from that location

0:00.0

This is on point. I'm Tiziana Deering in for Magnichia Bardi.

0:04.4

It was just a normal night for Thomas Vargas Jr.

0:07.4

He and his wife are watching TV at their home in Stockton, California,

0:11.3

when an ad came on.

0:13.0

The Stockton Economic Empowerment Demonstration

0:15.0

will give at least a hundred Stocktonians

0:18.0

an unconditional income of $500 per month for 18 months.

0:22.0

This is the nation's first city-led guaranteed income

0:25.5

initiative. No work restrictions, no requirements, just some extra monthly

0:30.6

income for you. The goal of this...

0:33.2

Tamas didn't think much about it.

0:34.8

Why would he?

0:35.4

It seemed to be too good to be true.

0:37.8

Now in 2019, Tamas had two kids, aged six and seven.

0:41.9

He worked part-time and he did extra side jobs to get by he and his

0:46.0

wife were living paycheck to paycheck and then one day the city called this money

0:50.8

program was real and he could participate if he wanted to.

0:54.0

Starting in February of 2019 he would get $500 a month for two years, no strings attached. So the first couple months I was really like iffy about it. I kept the checks and I didn't spend them because I didn't want to sit there and be like have a phone call one day and be like, oh, you know, the program fell through and you know, we're sorry, you know, we tried or anything like that. But luckily like I said, it never fell through, it actually extended it, and it gave me that

1:25.1

reassurance of, actually gave me reassurance in our government because I really didn't trust anything

1:28.9

the government said before.

1:30.3

It was always either you could do one thing and then if you do something else you get kicked off of it.

1:35.0

So this is the only program that really dedicated it to me to do what I needed to do with it.

...

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