Post
Topic
Board Politics & Society
Re: California doing it’s own stimulus package now?
by
squatz1
on 25/02/2021, 20:07:33 UTC
Maybe Gavin Newsom thinks it will help him against his impending recall? ----though the recall effort began right after he was elected so it will likely happen anyways.

One of the articles (that won't hit a paywall)

https://www.latimes.com/california/story/2021-02-22/california-600-stimulus-checks-low-income-residents-grants-small-business-legislature-approves.

Funding UBI (universal basic income) at state level? Interesting concept although it seems as if there are businesses moving out of California because of high cost of living, environmental regs  + taxes.


Andrew Yang talked about Alaska in reference to a state currently adopting a form of UBI

https://bigthink.com/politics-current-affairs/andrew-yang-2638970046

"The Alaska Permanent Fund directs oil revenue into a fund that pays Alaskans a yearly dividend, usually between $1,000 and $2,000.
Andrew Yang points to this and other experiments to support the efficacy of a universal basic income.
However, Alaska's model leaves several important questions unanswered."


That’s most likely the goal of a lot of this, get the attention off of Newsom and his recall and get it onto something else. Maybe Cuomo will try something similar in NY cause he’s literally fighting for his political life over there.

Sounds like a very expensive initiative that hasn’t been tried before, at least on this scale, and is going to be an interesting thing for people to study in the years to come. This is the reason that the states being ‘laboratories of democracy’s is very interesting and allows for continued innovation.

Doubt this takes off, but I’m not a researcher so who the hell knows if it will go beyond California.