Economics/Class Relations

Young NYC homeless people to get $1,250 each month in city-backed study

My guess is that the UBI idea will increasingly gain traction in the future as a means of pacification in response to rising social unrest rooted in widening class divisions. A lot of tech overlords seem to be enthusiastic about this and they are the rising ruling class.

Young homeless people in the Big Apple will soon be getting $1,250 in no-strings-attached cash each month — in a $2.5 million city-backed experiment to see if they use it to get off the streets and try to get jobs.

The “Trust Youth Initiative” — partially funded by the city — will start with up to 40 homeless people ages 18 to 24, “especially Black, Indigenous, Latinx and LGBTQ youth,” the organizers said in a release.

They will get the monthly cash for up to two years, with no limits on how they spend it — and larger up-front payments available to get into housing.

A “rigorous evaluation” will then “compare the outcomes and experiences” of the target group with others getting smaller stipends and regular homeless services, such as access to shelters, City Hall said.

READ MORE

 

Leave a Reply