It’s an idea that has captivated Silicon Valley tech titans and some intellectuals on both the far left and the far right.
President Obama gave a nod to the notion in a major speech on Tuesday.
And now a Chicago alderman is trying to plant a seed to see if what some are calling a radical concept can grow here.
It’s called a “Universal Basic Income.” The idea is to give poor people money — with no strings attached— at taxpayer expense. It’s designed to counter the nagging problems of stagnant wages for many Americans, almost non-existent savings and the prospect of joblessness driven by automation or trade.