Stockton’s 'Basic Income' Plan Diverts City From Its Real Duties - Reason.com

Stockton’s 'Basic Income' Plan Diverts City From Its Real Duties - Reason.com:
"There's a simple solution to the nation's poverty and inequality problems, an acquaintance told me several years ago.
He suggested that the federal government simply give $1 million to every citizen and, voila, we'd all be rich and happy. 
After some quick math (323 million x $1 million = more trillions than even the U.S. Treasury can print), he realized that he didn't add enough zeroes to his cost calculation.
Turning the United States into Zimbabwe, where a $1 trillion note won't even buy a soda, isn't much of an idea.
But while the above thought experiment is zany, a number of politicians and economists are proposing a similar idea—but on a much more modest scale.
In fact, one of California's most impoverished cities, Stockton, is working on a proposal that would provide a "Universal Basic Income" to a small number of residents..."
Read on!