Posted on 07/17/2018 2:29:33 PM PDT by Red Badger
Chicago may soon become the largest municipality in the U.S. to test a universal basic income program.
Chicago alderman Ameya Pawar recently proposed legislation that would provide 1,000 families with a $500 monthly stipend -- no questions asked. The bill already has the backing of the majority of city lawmakers, and Pawar hopes to soon work with Mayor Rahm Emanuel to implement the pilot program, The Intercept reported.
“Nearly 70 percent of Americans don’t have $1,000 in the bank for an emergency,” Pawar told the outlet. “UBI could be an incredible benefit for people who are working and are having a tough time making ends meet or putting food on the table at the end of the month.”
Pawar campaigned to earn a slot on the ballot for Illinois governor, but withdrew his name from contention after being outspent by his opponents, the outlet reported.
In addition to the $500, the bill would adjust the Earned Income Tax Credit program to allow the families to put their tax credit toward their monthly mortgage payment, according to the outlet.
Pawar cited automation, with companies such as Amazon, Tesla and other car manufacturers investing in the technology as having the potential to disrupt millions of jobs, that in turn would lead to more political destabilization, according to the outlet.
(Excerpt) Read more at foxnews.com ...
Don’t forget signs you are in a bad neighborhood
Asian named quick stop stores
liquor stores
pawn shops
title and paycheck loans stores
Where will that $6M come from?.......................
Easy...…………. Tax the rich.
The dude they done pictured this here bling offa had a hoodie on and was sittin’ in a limo with rows of alternating lights flashing on the wheels and an instrumental song that played out of each wheel.
Was on his way to pick up some big rolls of small denomination unmarked cash for a pharmaceutical matter he just transacted.
Don’t forget to pay your taxes and think about getting a second job to keep the entitlement folks living in the manner to which they is accustomed for.
Where will that $6M come from?................<<
Who cares!..Its the thought that counts!!!!!.../s
fo shizzle
If it was a few years ago there was a dude name Barack ndear those stores getting people agitated and angry and all community organized and such.
Telling them the white man owes them free gas for their cars and free cars to put the gas in.
Preparations for reparations.
Chicago slyly looks to Nicaragua for their future ...
This isn’t right. All Chicago zip codes start with 606.
Well SHUCKS if $500 is a help, $1,000 would be MORE help. Why not give them $2,000 and make them REAL happy... If a little bit helps, MORE should be fantastic. Let’s all move to Chicago. NO QUESTIONS ASKED> What could go wrong?
Chicago alderman Ameya Pawar recently proposed legislation that would provide 1,000 families with a $500 monthly stipend -- no questions asked. The bill already has the backing of the majority of city lawmakers...
Virtue signalling for people who have no idea what real virtue is. Thanks Red Badger.
So the city of Chicago goes bankrupt. Against the threat of mass riots if people don’t get their ‘free money’, who is going to bring the money?
-That is when the city goes to the state first, then federal government which prints more money,
-making money worth less,
-requiring more free money since it doesn’t buy what it did,
-and more money is printed
-making money worth less,
-requiring more printed money,
-which is worth less
and on and on until the hyperinflated dollar is worth nothing,,,,
-but the people still want their free stuff... and riot... demanding government fix the problem threatening unrest,,,
And government solves the problem, by dissolving the constitution, confiscating all property,, redistributing wealth to the masses, and taking totalitarian rule and martial law to restore order...
Ah yes, the socialistic paradise,,, only has to kill a few every now and then in order to keep the masses in order...
Obviously the government knows what is best for us....(sarc)
That should buy more bullets for the gangs.
Living one county north of Milwaukee Wisconsin, I cheer on this development. We should provide one-way free-fare bus service from Milwaukee, Madison, Green Bay, and La Crosse to Chicago.
Zimbabwe and Venezuela.......soon to be South Africa..................
The ‘rich’ will leave.....................
Obama’s Stash, of course...................
But that's not going to happen...
Chicago's grifters will follow the Stockton CA program - - 'money for poor people'. Also known as 'welfare'... It's NOT 'universal basic income' when it's only given to the poor. These folks need to stop using the term - including those in the press who don't know what they're talking about...
(Stockton, California has also proposed a universal basic income program with the backing of wealthy Silicon Valley moguls that will pay 100 residents $500 a month without any conditions. The program’s purpose is to eventually ensure that no one in Stockton, with a population of 300,000, lives in poverty.)
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