The progressives also want to create a $50 million program that provides a base level of income to the city’s poorest residents. The idea — known as “Universal Basic Income” or “Guaranteed Basic Income” — is not new. Ald. Gilbert Villegas introduced an ordinance in April to create a “COVID-19 Guaranteed Income Program,” but it’s been stuck in Rules Committee, where legislation historically goes to die.
Guaranteed Basic Income is the ultimate selling the treasury to the citizens in exchange for the vote. This is not new, it’s called Bread and Circuses by any other name with the local politician as a Roman Patrician buying off his or her benefactors in exchange for votes.
Guaranteed Basic Income is the ultimate selling the treasury to the citizens in exchange for the vote. This is not new, it’s called Bread and Circuses by any other name with the local politician as a Roman Patrician buying off his or her benefactors in exchange for votes.