A Democrat running for president in 2020 is testing a basic income proposal by giving $1,000 per month to a family
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January 11, 2019
Presidential candidate Andrew Yang, a 43-year-old entrepreneur-turned-politician, is focusing his campaign on helping Americans who are losing jobs to automation.
Yang wants all Americans to benefit from a universal basic income, which would provide regular cash payments to people regardless of their employment status. Although he is a long-shot candidate, the Democrat said he believes so strongly in the need for a basic income that he is dedicated to running.
At the core of Yang’s campaign is the Freedom Dividend, which would give out $1,000 per month to every American between the ages of 18 and 64. Citing research by the Roosevelt Institute, Yang previously told Business Insider that a basic income program could grow the US economy by $2.5 trillion per year and create 4.5 million new jobs.
“When you realize how historic and unprecedented levels of inequality are, and that the trends are about to speed up and get worse, the numbers point to a clear disintegration of American society,” Yang told Business Insider in 2018. “People are waking up. There’s no rational solution to these trends that does not include some form of universal basic income.”
vote for nobody
January 19, 2019 at 12:46 PM #14186sonofspy777Participant
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Basic Income works!
The goal of a basic income system is to allow every person to have a fair chance at an adequate quality of life. It is a way to combat income inequality and ensure that each citizen has enough money on which to live.
Economists Damon Jones and Ioanna Marinescu found an example of a truly universal, unconditional transfer — the Alaska Permanent Fund. Since 1976, a percent of the revenues from natural resource extraction in Alaska is paid out to all state residents. This acts just like a universal basic income. In research presented at the American Economic Association meeting earlier this month, Jones and Marinescu compared Alaska to other states, and found that the introduction of the fund had no effect on employment in Alaska (though interestingly, it did cause a small shift from full-time to part-time work).
“Never argue with a fool, onlookers may not be able to tell the difference.”
January 19, 2019 at 11:36 PM #14339eridaniParticipant
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Good idea, but he has zero name recognition and no experience in public office.
Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction
January 22, 2019 at 1:08 AM #14930SatanParticipant
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I’ve heard this guy on Thom Hartmann’s show & have seen him on TYT. Interesting ideas but I don’t think he’s got a snowball’s chance in my front yard as a Presidential candidate. However, I do hope the next President (hopefully Bernie Sanders) takes his ideas seriously and brings him in as an advisor and/or cabinet member.
"Those who make peaceful revolution impossible will make violent revolution inevitable". - John F. Kennedy
January 22, 2019 at 1:30 PM #15056leftcoast mountainsParticipant
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I’m sure he is aware that he doesn’t have a chance. But he’s getting his ideas out there. Remember that’s the reason Bernie ran in 2016. He wasn’t expecting to have a chance either. In fact he was surprised at the lines to see him. He just wanted to get his ideas in front of the public because with the corporate owned congress he wasn’t getting anywhere.
vote for nobody
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