Guaranteed income and baby bonds could be key to ending poverty in California
“While serving a single term as mayor of Stockton, Tubbs instituted a first-of-its-kind guaranteed income pilot; after its success, he launched Mayors for a Guaranteed Income, a coalition of now more than 50 mayors implementing pilots in their cities. While he’s still working to transform those pilots into federal programs, he also felt his home state calling. The largest economy in the U.S. (and fifth-largest in the world were it a sovereign nation), California also has stark disparities, including the nation’s highest poverty rate and homelessness rate.“You can’t really solve poverty for this country if you don’t solve it in California,” he says.”