By Tyler Durden
Newly elected Mayor Brandon Scott will provide unconditional payments of $1,000 a month for two years to low-income families in Baltimore City’s new guaranteed income pilot program, according to local news WBAL.
According to a statement released by Scott’s office, the $1,000 monthly checks will be distributed to 200 low-income households across a metro area that struggles with violent crime and a broken economy thanks to decades of Democratic leadership.
The city allocated $4.8 million in the American Rescue Plan funding to finance the Baltimore Young Families Success Fund. It’s a cover for pilot testing universal basic income (UBI).
Requirments for free money require that a person be a millennial (18-24), be either the biological or adoptive parents or guardians, and have income at or below the federal poverty level.
The free money comes with no strings attached, and they can spend it on anything.
Commenting on the UBI test program, Scott said:
“This is fundamentally about putting our families in a position to succeed. We are putting money directly into the hands of our residents because they know more than anyone else what their families need to ascend the ladder of opportunity.”
Baltimore will be the latest city to trial UBI in an increasing number of city leaders across the US who provide free money to their citizens as a base income.
The popularity of UBI has grown ever since the federal government deployed trillions of dollars in helicopter money during COVID and handed out stimulus checks funded by the Federal Reserve.
“UBI is a candy-coated trap that breeds dependency in a population. Free money is an addictive drug, and America just had a big taste during the pandemic,” Brandon Smith via Alt-Market recently opined.
This sweet taste of UBI heaven has given people wanting more and politicians a new tool of control, where the government becomes the source of food and housing for the citizenry. This makes low-income people less inclined to stand against any abuse by the establishment, such as mass surveillance and the militarization of police.
The timing of Scott’s UBI announcement comes as the city could be on track for a record number of homicides this year. Murders are already above the 5-year average.
Perhaps, UBI in Baltimore is a distraction from the mayor’s failed plan to turn the city around.
Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.