Los Angeles Takes an Oprah Approach to Guaranteed Incomes Apr 30 2021, 11:07 PM April 30 2021, 6:13 PM April 30 2021, 11:07 PM (Bloomberg Opinion) -- Los Angeles understands publicity and trendiness. Its leading industries depend on grabbing attention and conjuring desire. Its culture celebrates storytelling. (Bloomberg Opinion) -- Los Angeles understands publicity and trendiness. Its leading industries depend on grabbing attention and conjuring desire. Its culture celebrates storytelling. So itâs fitting that in his recent State of the City address, Los Angeles Mayor Eric Garcetti announced plans to give 2,000 local households $1,000 a month for a year. He boasted of his role as a founding member of