![]() James Chase, 27, said when he first heard about Yang’s signature proposal he thought it was “ludicrous.” The Keene resident, a Republican who voted for Trump in 2016, added, “I went to debunk it. Young, sincere and raised on the edge of poverty, Sukhi Samra has a mother who worked two minimum-wage jobs when she was a kid - days at a gas station and nights at a Subway. Yang says he would fund the guaranteed income program by consolidating welfare programs and creating a value-added tax of 10% on the production of goods and services.Ĭalifornia What would a universal basic income mean for America? Stockton thinks it has the answer infrastructure and increasing funding for high school vocational education for careers that are difficult to automate, like plumbing. He proposes other efforts, such as rebuilding U.S. But the money would largely be spent in local communities, creating jobs, he says. Yang does not believe $12,000 a year would fully replace the income lost to automation. Now, pilot programs are taking place around the nation, including in Stockton. A version was passed by the House of Representatives in 1970, but failed in the Senate. The concept has been floating around the United States since its founding, supported by leaders as ideologically disparate as Richard Nixon and Martin Luther King Jr. But you find it’s a deeply American idea.” “I know, the first time you hear it, it sounds like a joke. “If you’ve heard anything about me, you’ve heard there’s an Asian guy running for president who wants to give everyone $1,000 a month,” Yang told supporters in Keene. Rather than judging the nation’s strength by its gross domestic product, Yang argues it should be based on data such as life expectancy and the health of the environment - a proposal he reiterated Wednesday at a CNN climate-change forum.īut Yang’s primary solution is a form of universal basic income. ![]() “Americans have been brainwashed to think that economic value and human value are the same thing,” Yang told supporters in Keene. He said his wife, Evelyn - a stay-at-home mom who cares for their two young sons, one of whom is autistic - works harder than he does, yet her labor has no monetary worth. Yang, whose net worth is estimated in the low seven figures, says society needs to rethink how it values people, productivity and the meaning of work. “What we really need to be talking about is, what does our future look like and how do we guide people to think about developing useful solutions to the problem?” Borland said. is on the verge of a major economic disruption, but he thinks universal basic income would not be a panacea. Borland, who teaches a class on the effects of automation on society at the University of Michigan, believes the U.S. Walt Borland, a former CEO of multiple start-ups, credited Yang for raising the issue, though he questioned his proposed remedy. The next wave of automation threatens the livelihoods of millions of truck drivers, retail clerks and call-center employees and will start affecting white-collar workers, Yang says.Įconomists debate how great the disruption will be: Some say new types of jobs will be created to replace those that disappear others contend that the nation is about to be crippled. In 2017, life expectancy in the United States declined for the third year in a row for the first time in a century. Yang argues that what happened to those displaced workers foreshadows a grim future. Immigrants are not responsible, Yang said - robots are. The president, he said, highlighted the job loss problem, but misplaced the blame. Yang tells voters that automation of 4 million manufacturing jobs in states such as Michigan, Wisconsin, Ohio and Iowa in recent years led to Trump’s 2016 win. He cites an Economist/YouGov poll from July that found he and Sanders are the only Democratic candidates to win double-digit support from previous Trump voters. Yang says he’s best-positioned to pick up disaffected Trump supporters. “We need to do the opposite of much of what we’re doing right now - and the opposite of Donald Trump is an Asian man who likes math.” His supporters frequently chant the latter part of the quip in unison with him. His signature one-liner, however, targets Trump. “I’m like the Bernie of 2020,” he said, a pitch he makes often. “I’m younger, fresher, more modern, more Asian, more tech-savvy than Bernie,” Yang told a gathering of college Democrats and Republicans at the University of New Hampshire in Durham. Yang also backed Sanders three years ago, he points out often as he courts the senator’s supporters. Andrew Yang signs a bong for a fan in Laconia.
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