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Newark to Study Universal Basic Income

OfficialPic Mayor Baraka CROPPED

the staff of the Ridgewood blog

Newark NJ, Newark Mayor Ras Baraka says the city is going to study a pilot program to provide a universal basic income, or basically guaranteeing income for all residents whether they have a job.The Newark mayor made his comments during his annual State of the City address Tuesday night at the New Jersey Performing Arts Center.Newark has launched a taskforce to see if the program is feasible with help from the Economic SecurityProject and the Jain Institute.

In an effort to appeal to millennial voters  Baraka said , “We believe in Universal Basic Income, especially in a time where studies have shown that families that have a crisis of just $400 in a month may experience a setback that may be difficult even impossible to recover from,” 

While He noted that a third of the city still lives in poverty no  details on the plan, like how it would be funded or when a final decision would be made.

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