A 29-year-old mayor gave his city’s poorest residents $500 a month. Here's how they spent the money.
5:45am PDT - October 5th, 2019 andrew yang - Business InsiderStockton, California, is distributing $500 monthly stipends to the city's poorest families as part of a basic-income trial. The city just released results from the last eight months of that program: Most participants spent the money on food and clothing. Crit…