$500 a Month, No Strings: Chicago Experiments With a Guaranteed Income – New York Times*

"'This was a once-in-a-lifetime moment for us to be bold and innovative,' said Brandie Knazze, commissioner of the Chicago Department of Family and Support Services. For Democrats, the concept is a wager on big government at a time when faith in democratic governance is at a low ebb. For Republicans, it’s a return to discredited welfare handouts that waste money and foster dependency."
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Old Joe
3 years ago

Money for nothing, chicks for free
I want my GI MTV….

nixit
3 years ago

The success of the guaranteed income pilot would only prove that giving people money to spend however they deem necessary is better than using tax dollars to fund social services and assistance.

ProzacPlease
3 years ago
Reply to  nixit

Of course they have no intention of dropping the social service programs. Too much money flows through them to their loyal political supporters.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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