Jack Dorsey will donate $3 million to U.S. mayors for universal basic income pilot programs in 15 cities by AngelAuYeung
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For now, the roster of mayors in MGI are moderate to liberal-leaning, but that will soon change. “Economic insecurity is something that’s bipartisan,” says Tubbs. “Some of the most red states have the highest rates of economic insecurity and poverty… In the next couple of months, you’ll see some of the more ‘conservative’ mayors .” ...
“Every single field is going to be touched by automation, and UBI to me represents a floor,” Dorsey said in a May podcast conversation with former presidential candidate Andrew Yang, who ran with a keystone policy of UBI. “A floor that people can stand on, and have the knowledge and peace of mind that they could survive and eat and feed their children while they are learning how to transition into this new world.
Tubbs hopes that with more successful experiments of guaranteed income around the country, the federal government will follow with a national guaranteed income program that will extend beyond the pandemic. “If you think about Franklin D. Roosevelt in 1935, in the time of the Great Depression and on the heels of the 1918 Flu Pandemic, he came out with the New Deal. It included social security and unemployment benefits, things that we now hold as sacrosanct,” says Tubbs.
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