Andrew Yang announced that he would give 10 families $1,000 a month for a year as a demonstration of the crux of his presidential campaign — universal basic income.
Entrepreneur Andrew Yang announced Thursday that he would give 10 families $1,000 a month for a year as a demonstration of the crux of his presidential campaign — universal basic income.
“If you donate money to a presidential campaign, what happens? The politician spends the money on TV ads and consultants and you hope it works out,” Yang said during his opening statement during the Democratic debate in Houston. “So I’m going to do something unprecedented tonight. My campaign is going to give a freedom dividend of $1,000 a month to 10 American families for an entire year.”
Yang has no political experience and has been running a single-focus campaign centered around creating a national universal basic income to counter the impacts of automation. He is polling in the single digits, butwho failed to qualify for Thursday night’s debate. Yang has already been cutting a $1,000 monthly check to a New Hampshire family since New Year’s. But the new families would receive the money from his campaign account, drawing
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Yang says he'll give 10 more people $1,000 a month for a yearAndrew Yang announced in his DemDebate opening statement that his campaign will raffle off 10 “Freedom Dividends” of $1,000 a month, which he says he's personally financing as a way to illustrate how a Universal Basic Income can impact daily lives
Read more »
Wyclef Jean Hopes MJ's $1 Mil to Dorian Relief Gets in the Right HandsWyclef Jean says Michael Jordan's $1 million donation to Hurricane Dorian relief is '100% a big deal.'
Read more »
Oculus founder Palmer Luckey scores $1 billion-plus valuation for his virtual border wall start-upAnduril, the start-up founded by Palmer Luckey, has secured a funding round, with money from Andreessen Horowitz, valuing the defense company at over $1 billion.
Read more »
Apple worth $1 trillion for first time in 2019 after detailing new iPhones, streaming pricingApple Inc. crossed the threshold required to reclaim its status as a trillion-dollar company in Wednesday trading, hitting that level for the first time...
Read more »
Apple reaches $1 trillion market cap again after iPhone launchIt's not the first time that Apple has had a market cap over $1 trillion, but it comes a day after the company launched new iPhones.
Read more »