Jack Dorsey, Twitter CEO, donated 15million USD towards helping residents in need through Mayors for a Guaranteed Income
While the financial emergency welcomed on by the pandemic has desolated networks the world over, the idea of an ensured fundamental pay has gotten progressively more alluring to many, including Twitter CEO Jack Dorsey.
Dorsey is utilizing his abundance to additional that thought by giving $15 million to help reserve a test case program by the association Mayors for a Guaranteed Income (MGI). The $15 million is notwithstanding the $3 million Dorsey recently gave to the association in July.
Stockton, California Mayor Michael Tubbs established MGI subsequent to seeing the effect of the Stockton Economic Empowerment Demonstration (SEED), which is the principal city hall leader who drove the pilot for ensured pay, as per MGI’s site.
“I’m breathing a sigh of relief at this point because without being with SEED, or being a participant, I don’t think I’d be sitting in this chair right now,” Laura Kidd-Plumer, a recipient of guaranteed income in Stockton, said in a statement.
“We are a nation in crisis and the last one of this scale yielded dramatic social reform; this is our New Deal Movement,” Tubbs said. “We need a social safety net that goes beyond conditional benefits tied to unemployment, works for everyone and begins to address the call for racial and economic justice through a guaranteed income. These pilots and the resulting evidence will be instrumental in shaping what the 2021 social contract looks like in America.”