In Andrew Yang's giveaway, 10 families would split $120,000 over the next year as a sort of dry run for his signature universal basic income initiative
Photo: Daniel Acker/Bloomberg via Getty Images If you’re the only candidate who has made the third Democratic debate as a political outsider, why not get a little Willy Wonka with it? During opening statement at the September debate in Houston, businessman Andrew Yang announced a $120,000 giveaway: 10 families would receive $120,000 over the next year as a sort of dry run for his signature universal basic income initiative, in which every citizen over the age of 18 would receive $1,000 per...
“It’s time to stop trusting politicians and start trusting ourselves – so I’m going to do something unprecedented tonight,” Yang stated. “My campaign is now going to give a Freedom Dividend of $1,000 a month to 10 American families for an entire year, someone watching this at home right now.” But there’s a catch. In order to apply for Thursday night’s UBI giveaway, debate viewers will have to log their email with the Yang campaign. In a sense, it’s just a flashier rendition of the get-flown-out-for-a-beer-with-a-candidate trick, or signing your email up with a retailer to get a few bucks off a shirt. Yang will be able to direct a rush of traffic to his site, boost his name-recognition, and blast primary voters’ inboxes in perpetuity.
Or not. Though Yang’s legal team claims they’re good to go regarding FEC regulations, former FEC attorney Erin Chlopak told Time: “Handing out money to individuals for their own personal use would seem to be a violation of campaign-finance law. It’s hard for me to envision how taking campaign funds and just handing it out to individuals would not violate the personal use prohibition.”
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