The Magnolia Mother’s Trust began in 2018 with a small pilot. Today, it is the nation s longest-running guaranteed income project, supporting over 400 mothers.
In 'Optimal Illusions' UC Berkeley applied mathematician Coco Krumme explores our historical fascination with process optimization and how that pursuit has led to unintended is in the systems we're streamlining.
we talk a lot about poverty and income inequality on this program. i want to talk about an initiative that examples universal basic income and whether it could be used to fix intergenerational poverty. want to go back to mississippi. in jackson, mississippi, 16 mothers who live in public housing with an average annual income of about $11,000 will receive $1,000 per month, no strings attached. it s part of magnolia mothers trust which aims to boost people out of poverty by giving them some cash and turn some in turn, some breathing room. recipients say this could be what they need. another one of my goals is to get on my feet and try to find me a job through this 12-month process. presentation is everything. so i could find me some nice clothes and stuff to wear to a
incomes flat for decades. there s an enormous racial wealth gap. african-american families make 60 cents on the dollar in income. for the same number of hours. for the same number of hours. and have 10 cents on the dollar for what a white family has. we need to start having a conversation in this country about what it means to actually have economic opportunity. who has it and who doesn t have it. and magnolia s mother trust, the program aisha runs is an opportunity to shine a light on the kind of determination and up by your boot straps kind of approach that americans, for the most part, have. we just have to give them the cash so they have a chance. this is an important point chris makes. poor people work. yes. they just earn less money for the work they have. the 16 women are receiving their first payment. they may have received it this week? they received it on monday. what did you get feedback? we got a lot of excitement.