Dear City Alderpersons,
For your consideration:
“The UBI that is being proposed in Stockton now is very small compared to the big corporate subsidies that cities like that engage in,” Anderson said.
Stockton racked up millions in debt on development projects in the past, which got the city into trouble, Mayor Tubbs said.
“We’ve overspent on things like arenas and marinas and things of that sort to try to lure in tourism and dollars that way,” he said.
Tubbs thinks the UBI experiment will show that Stockton’s best bet is to invest in its own people.
Wage stagnation. Rising housing prices. Loss of middle-class jobs. The looming threat of automation. These are some of the problems facing Stockton and its residents, but the city’s mayor, Michael Tubbs, says his city is far from unique.
“I think Stockton is absolutely ground zero for a lot of the issues we are facing as a nation,” Tubbs said.