Posted on 07/18/2018 10:46:31 AM PDT by simpson96
If one local politician gets his way, Chicago could become the largest city in the U.S. to trial a universal basic income program.
Chicago lawmaker Ameya Pawar has thus far received support from 36 co-sponsors on a bill to introduce the pilot program. If the bill receives adequate support, it will be voted on by City Council. If the bill passes, it could then be enacted, so long as Chicago mayor Rahm Emanuel doesn’t veto the approval.
The proposal entails giving $500 a month—no strings attached—to 1,000 families in Chicago. The bill also calls for a change to the Earned Income Tax Credit program for these same families, to enable them to receive tax credits on a monthly, rather than annual, basis.
Pawar explained to The Intercept that automation has the potential to threaten millions of jobs, which in turn could serve to foment or perpetuate racial and social divisions. “We have to start talking about race and class and geography,” he explained, “but also start talking about the future of work as it relates to automation. All of this stuff is intertwined.”
“We need to start having a conversation about automation and a regulatory framework,” Pawar argued, because if jobs “simply go away…divisions are going to grow and, in many ways, we’re sitting on a powder keg.”
He therefore hopes that padding families’ incomes, thereby offsetting some financial need, could help avoid resentment.
“Nearly 70% of Americans don’t have $1,000 in the bank for an emergency,” Pawar said. “It’s time to start thinking about direct cash transfers to people so that they can start making plans about how they’re going to get by.”
(Excerpt) Read more at fortune.com ...
Like they aren’t broke enough already........
Ah, the Declaration of Dependance!
Predicting that the next 1,000,000, not selected will riot...
[The proposal entails giving $500 a month—no strings attached—to 1,000 families in Chicago.]
No doubt a reward for a “job well done” somewhere.
I think they mean Chicago taxpayers. Chicago doesn’t have any money that isn’t stolen from somebody else.
Illinois has huge pension debt. Add these grifters getting free income?? What happens when the money runs out?
They could give that $500,000 a month to build new schools and hire good teaches and get 100 times the return on the money invested...................
paying people to not work,
what could possibly go wrong?
What’s up with the numbers? Who signed this, a hockey team?
Paid from and by the taxpayers - will increase property taxes to pay for it.
Emanuel will veto it. He’s corrupt, not stupid.
Well, I think it’s a good idea... The old joke about gathering flies come to mind.. :)
ANYTHING to buy votes. Democrat insane madness.
Now, why didn’t they have this when I was going to college there?!
The civil servants employed by the city of Chicago call that a yearly raise with no strings attached for doing nothing too!
That would be GREAT! It would empty Denver of all the useless and homeless potheads!
Man, just imagine, every idiot headed to Chicago. No more dirty-haired, smelly, liberals in Denver. They’d all go to the freebies in Chicago.
Of course, it wouldn’t take but one election cycle to get pot legalized in Chicago. These potheads can’t do without their beloved pot.
Violates the 14th amendment. Equal protection under the law.
My guess would be what ward they represent?
A new twist for the gimmedats.
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