Andrew Yang: U.S. Resources UBI
on Saturday, August 17, 2019Andrew Yang Money Quote saying in his Presidential platform for the 2020 race, UBI – or as he calls it, ‘The Freedom Dividend’ – would radically change the U.S. economy. Andrew Yang said:
“We have plenty of resources, they’re just not being distributed to enough people right now. Let’s build a new kind of economy – one that puts people first. If there’s one policy that would transform American lives for the better, it is Universal Basic Income” — Andrew Yang
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Andrew Yang is saying that the United States already has enough overall resources and wealth, but it is not distributed fairly to benefit all citizens. He argues that we should create a new economic system that prioritizes people’s well-being over other factors.
Yang believes that implementing a universal basic income (UBI), where all citizens receive a set amount of money regularly from the government, would be the single most impactful policy for improving lives.
A UBI could help address economic insecurity and inequality by providing everyone with a baseline level of financial support to meet basic needs. Yang sees this as a way to “build a new kind of economy” that values people’s welfare above all else.