2020 hopeful Andrew Yang proposes $1G per month for every American

2020 hopeful Andrew Yang proposes $1G per month for every American


THESE PROGRAMS A SECOND LOOK. SHANNON.>>Shannon: TRACE GALLAGHER, THANK YOU VERY MUCH. LET’S BRING IN 2020 DEMOCRATIC PRESIDENTIAL HOPEFUL ANDREW YANG. A MAJOR ISSUE IS RUNNING ON IS THE UNIVERSAL BASIC INCOME. HE CALLS IT THE FREEDOM DIVIDEND. ANDREW, WELCOME TO “FOX NEWS @ NIGHT.”>>THANK YOU FOR HAVING ME.>>Shannon: YOU HEARD WHAT TRACE SAID AND WE HAVE INFORMATION FROM TECHNOLOGY REVIEW.COM ON FINLAND’S UNIVERSAL BACON INCOME TRIAL. IT SAYS A TRIAL FOR UNEMPLOYED PEOPLE IN FINLAND WERE GIVEN A BASIC INCOME FOR TWO YEARS DID NOT GET THEM INTO WORK BUT IT MADE THEM HEALTHIER AND HAPPIER. HOW ARE YOU GOING TO SELL THIS TO THE AMERICAN PEOPLE?>>THE FINLAND DATA WAS PROMISING IN TERMS OF PEOPLE’S HEALTH AND MENTAL HEALTH. IN THE EMPLOYMENT BENEFITS, YOU WOULDN’T EXPECT TO SEE UNLESS YOU WERE TO HAVE THAT CASH BENEFITS IF PERMITTED ACROSS A COMMUNITY FOR CERTAIN PERIOD OF TIME. UNDER MY PLAN, THE FREEDOM DIVIDEND, IF YOU PUT $1,000 A MONTH IN THE HAND OF EVERY AMERICAN CONSUMER, A LOT OF THAT MONEY WOULD GET CIRCULATED TO THE ECONOMY OVER AND OVER AGAIN AND IT WOULD CREATE HUNDREDS OF THOUSANDS OF NEW JOBS.>>Shannon: YOU KNOW THE NUMBER ONE QUESTION IS HOW THE HECK ARE YOU GOING TO PAY FOR? WHAT ESTIMATE SAID $3 TRILLION TO $4 TRILLION. WHAT’S YOUR PLAN? TAXING OUR WAY TO THE BENEFIT? TAKING FROM THOSE WHO ARE WORKING TO GIVE TO EVERYBODY WHETHER THEY ARE WORKING OR NOT?>>IF YOU LOOK AT HER THE BIGGEST WINNERS REMAIN TO BE FROM ARTIFICIAL INTELLIGENCE AND NEW TECHNOLOGIES, IS GOING TO BE AMAZON, GOOGLE, FACEBOOK, WILBUR, THE BIGGEST TECHNOLOGY COMPANIES IN OUR COUNTRY AND WE CAN SEE THAT AMAZON PAID ZERO IN FEDERAL TAXES LAST YEAR DESPITE RECORD REVENUES. IF WE KNOW THAT THE BIG WINNERS IN THE NEW TECHNOLOGY AGE ARE GOING TO BE PAYING ZERO TAXES AND OF COURSE WERE NOT GOING TO HAVE ENOUGH MONEY TO GO AROUND. BUT IF WE FOLLOW OTHER COUNTRIES EXAMPLES AND CREATE A MECHANISM WHERE WE ALL BENEFIT FROM THESE INNOVATIONS, THEN WE CAN PAY FOR A $1,000 DIVIDEND FOR EVERY AMERICAN ADULT. OUR ECONOMY IS UP TO $20 TRILLION. THE PROBLEM IS THOSE BENEFITS ARE NOT BEING FILED BY THE AVERAGE AMERICAN FAMILY.>>Shannon: YOU ARE VERY SUCCESSFUL ENTREPRENEUR. THIS IS A COUNTRY THAT UNIQUE IN THE WAY THAT CAN HAPPEN. DO YOU WORRY ABOUT TRILLIONS IN NEW TAXES, THAT IT’S GOING TO DISCOURAGE ENTREPRENEURIAL SPIRIT?>>WHAT I WORRY ABOUT IS IF YOU LOOK AT THE RATES OF BUSINESS FORMATION AND STARTS FOR THE COUNTRY, MULTI-DECADE LOADS AND 85% OF THE COUNTRY. IF YOU WANT ENTREPRENEURSHIP TO FLOURISH, YOU SHOULD BE TRYING TO PUT BUYING POWER INTO THE HANDS OF THE AVERAGE AMERICAN FAMILY AND MAKE IT SO THAT STARTING A BUSINESS IS MORE REALISTIC AND FEASIBLE FOR HUNDREDS AND THOUSANDS OF AMERICANS AROUND THE COUNTRY WHICH IS WHAT THE FREEDOM DIVIDEND WOULD PROVIDE.>>Shannon: THE PRICE TAG, THERE ARE A LOT OF QUESTIONS. WITHOUT IMPACTING LARGE COMPANIES HAVE TO WORRY ABOUT TAXES, THEIR STOCKHOLDERS AND THAT TRANSLATES INTO INVESTORS AND 401(K)s. I’M NOT AN ECONOMIST I WANT CONTENT TO BE ONE, BUT QUESTIONS NEED TO BE ANSWERED. SOMETHING ELSE THAT I BELIEVE THAT YOU SUPPORT, MEDICARE FRAUD. WHEN YOU PULL PEOPLE, PEOPLE SAY IT SOUNDS GREAT. EVERYBODY SHOULD HAVE HEALTH INSURANCE COVERAGE BUT THE KAISER POLL, WHEN YOU ASKED PEOPLE HOW IT’S GOING TO BE PAID FOR, THE IMPLICATIONS OF THIS. A LIMITING PRIVATE HEALTH INSURANCE, IT IS UPSIDE DOWN BY NEGATIVE 21 POINTS. UPSIDE DOWN BY 23 POINTS, MORE TAXES. DELAYING TESTS OR TREATMENTS, THE AXIS PEOPLE WOULD HAVE. NEGATIVE 44% REACTION. THEY ARE NOT FOR THAT WHEN THEY DEAL WITH THE REALITY. HOW DO YOU SOLVE IT?>>I HAVE BEEN THE CEO OF A COMPANY I KNOW THAT HEALTH INSURANCE RIGHT NOW IS A MAJOR ANCHOR IN OUR ECONOMY. IT MAKES IT HARDER TO HIRE NEW WORKERS. WHEN YOU DO HIRE SOMEONE, YOU ARE INCENTIVIZED TO MAKE THEM TEMPORARY OR CONTRACT AND NOT GIVE THEM BENEFITS. IT’S HARDER TO SWITCH JOBS. IT’S HARDER TO START A BUSINESS. SO THE FACT THAT AMERICANS ARE VERY KNOW WE CAN UP TO THE FACT THAT WE CAN IMPROVE ON OUR HEALTH CARE SYSTEM, AND THE NOTION THAT WE CAN’T AFFORD IT OR THAT EVERYONE’S GOING OUT TO PAY MORE IN TAXES IS IGNORING THE FACT THAT WE ARE ALREADY SPENDING 18% OF GDP ON HEALTH CARE, TWICE AS MUCH AS OTHER COUNTRIES, TO WORSE RESULTS. THAT’S WHY WE ARE SO FRUSTRATED BY THE SYSTEM. IF WE TAKE THE MONEY THAT COMPANIES ARE ALREADY PLOWING INTO HEALTH CARE, WE HAVE ENOUGH MONEY TO BE ABLE TO MAKE HEALTH CARE MORE ACCESSIBLE TO MORE AMERICANS AND NOT BREAK THE BANK. OR RAISE TAXES ON THE AVERAGE FAMILY.>>Shannon: HOW THE WORLD YOU PAY FOR IT? THE ESTIMATE ON SENATOR SANDERS PLAN IS $32 TRILLION. MONEY DOESN’T GROW ON TREES. SO MUCH OF THE EQUATION HAS TO DO WITH HOW THE GOVERNMENT WOULD COMPENSATE DOCTORS OR HOSPITALS AND WE KNOW THERE ARE PATIENTS WHO CAN’T GET IN WITH DOCTORS BECAUSE THE GOVERNMENT DOES NOT PAY ENOUGH OF A REIMBURSEMENT RATE FOR A LOT OF THESE GOVERNMENT PROGRAMS. DO YOU WORK ABOUT — WORRY ABOUT THE IMPACT ON HEALTH CARE, NOT JUST –>>THE NUMBER ONE FRUSTRATION IS THE EXCESSIVE BUREAUCRACY AND PAPERWORK. IF YOU SIMPLIFY THAT PROCESS, THEN THE REIMBURSEMENTS DON’T NEED TO BE ASTRONOMICAL IN THE GROUP TO MAKE A PAYOUT FOR THE DOCTOR OR THE HEALTH CARE PROVIDER. IF WE COULD CLEAN UP OUR BUREAUCRACY, IT WOULD LIBERATE MANY DOCTORS TO DO WHAT THEY WANTED TO DO IN THE FIRST PLACE WHICH IS ACTUALLY CARE FOR PATIENTS.>>Shannon: WELL, I KNOW MANY ARE CONCERNED THEY’RE NOT GOING TO GET THE REIMBURSEMENT RATES. WHETHER LESSENING THE ADMINISTRATIVE BURDEN COULD LESSEN THE STAFF. GREAT TO HAVE THIS CONVERSATION

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100 thoughts on “2020 hopeful Andrew Yang proposes $1G per month for every American”

  • President Trump says:

    Oh, so Yang wants to pay lazy bums for nothing by stealing from hard working Americans. I'm sure that's going to go over real well. LOLOLOL

  • Jonathan Herrera says:

    Sensible conservatives in a comment section of a fox video. Holy crap. I want all of you to back up your DEM brothers and sisters against your extremes. As I have been backing up you guys against my extremes (Dem).

  • riderstrong X says:

    Please if u do support him When the primaries come, go and vote for him. And during the general election please call ur representatives and senators tell them to vote for him.

  • Our current model

    prints money out of nothing.
    gives money out to produce things out of a finite non reusable resources
    demands people pay back money it gave out with interest

    So this tells me money only has the value we attach to it. It basically a honor system. You honor the dollar, i honor my work. So why couldn't we honor a different model?

    honor isnt monopolized via our current model. If we had a UBI and goverment system that honored people then perhaps people would honor each other. Now i know some will say that a UBI would ruin the creation of products. i say, when people have their basic needs met, it leaves room for higher learning. We will have more of the collective trying to solve the issues that plague us. A sword above the head isnt the only motivator for success. But the biggest question i might get is "how will we pay for this?" and i will say with a smug smile on my face " with the money we printed out of nothing. The problems we face now are a result of a system we have now. in order for us to solve it, we must move forward. if machines can do a better job, let them. let us create art, literature, and explore the universes that exist within us with each other."

    andrew yang for me 2020

  • If it was just a little lower, and only for people who are working or in school, then I wouldn’t be too terribly opposed to this.

  • I do not care if meth heads and heroin addicts or people using ssi or other welfare fraud are happy or not…this man doesn't understand america and the real problems here -_- we need to get rid of the people you plan to throw money at not find a way to sustain them take a trip around america meet some of these people you are targeting and then meet the normal human beings that will have to pay for it that cannot afford it

  • Mylen Roberson says:

    Lol yall gone be some socialist zombies if this guy comes into office . get real ! How willthe economy grow by giving money then receiving it back

  • Mylen Roberson says:

    Ai is taking over . robots are taking jobs and its getting yall ready to be socialist non working zombies that are constantly controlled like china .

  • I like this guy a lot, but it makes no sense that tech companies can pay the universal basic 1000 dollars.

  • DIVINES LEGACY says:

    If this man doesn’t win the 2020 presidential election, he will certainly win the 2024 presidential election.

  • Raccia Crack says:

    Money represents one’s hard work.If everyone is getting 1k a month without doing something to earn it then wouldn’t that de-value the dollar more than it already is?If everyone gets a thousand dollars than what’s the worth of a thousand dollars?

  • Universal basic income is the stupidest thing that could ever happen. I can’t believe many of you in the comments think this guy is sensible… there are so many ways in which this is wrong I don’t even want to get started. Wake up people!

  • Michael Anderson says:

    In the future no one will need to report income or their work hours because big brother will be watching our every move words and deeds

  • Sharon Harris says:

    If Amazon doesn't pay taxes..just set a mandated amount each year ..a bunch of dream theam's without realistic venues to all..

  • My husband is Taiwanese and I like Yang; however… this is my opinion about him. He is promising us the sun and the moon; 73 or more promises that will require Congressional approval. You can rest assure that the border will remain wide open and there will be even a greater rush across the border to get the promised free money with no strings attached; regardless of what he says about citizenship. Look at how much corruption there is with welfare. There's a lot more I could say. If it's too good to be true; it probably is and that's my honest assessment.

  • Andrew Herman says:

    Attention: Sheep! Are you dumb enough to fall for this? Any vote for any Commie Democrat is a baaaa baaaaa baaaaaad idea.

  • I won't need that guaranteed income. I've been fertilizing my money tree with the promises of the Democrat Party and I hope to start harvesting soon. 😉

  • I’d rather have that money circulating amongst other Americans than blow it on all these overseas wars and in the handouts to bail out big banks. Where most of that money was wasted or straight out lost.

  • Fearless 777 says:

    Every country has a certain level of poverty and thats just the way it is, theres just always people making nothing but bad decisions. And the democratic party is way far gone from reason and reality, we wont give the presidency to some dem who will just be controlled and used by the feftist liberal socialists, specially when President Trump is doing so good for the people despite the senseless raging attacks by some worthless delusional criminals.

  • Fearless 777 says:

    We the people wont give the presidency to some dem who will just be controlled and used by the feftist liberal socialists democrazy party, specially when President Trump is doing good for the people despite the senseless raging attacks at him by some worthless delusional criminals.

  • Guo Piao Chew says:

    who's this interviewer. very civil, eloquent, reacts promptly and objectively to andrew's responses instead of setting up her next question. she should be fired.

  • Christopher Vang says:

    The Freedom Dividend will force the economy to serve the people. It’s humanity First Not the economy.

  • Christopher Vang says:

    Andrew Yang will transform the economy for the people. Andrew Yang's 3 big plans fit together..FREEDOM DIVIDEND, MEDICARE FOR ALL, HUMAN-CENTERED CAPITALISM. To be the greatest civilization, we need all 3 of Andrew's plans…1. Have money to spend 2. Health care for everybody 3. Measurements toward humans. So all his policies promote humanity first and the economy exists to serve the people….His Freedom Dividend will force the economy to serve the people like he said…If these 3 things happened, United States will become the greatest civilization on Earth. A married couple with 3 adults children like this family gets $5000 a month. @t​

  • The blonde is an airhead. Yang explains how the dividend is paid for then one second later she asks how to pay for it. Talk about getting paid to repeat talking points.

  • Yes, America is a very unique country when it comes to innovation but if you look at history many cultures have been innovative, Especially during times of war. Both America and Germany were extremely innovative during WW2 but at what cost? None of the innovations made were worth the pain and suffering that they (the governments) inflicted on others nor was it worth the pain and suffering that they inflicted on their own citizens.

    About the investors of Big Tech; Maybe once we've all received a Freedom Dividend the bottom 90 percent of american households can buy Google, Facebook, and Uber stocks. Then Big Tech won't have to depend on their few mega investors. 84% percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. It may make more sense if Big Tech was more like a crowd funded company and a small dollar donation funded politician.

    We can't trust politicians whom receive corporate donations and we can't trust major corporations whom don't listen to the people. There are pros and cons to being a publicly traded company but there are no cons when it comes to integrity with being a small dollar funded politician. The only con is if a corrupt candidate can purchase more commercials, flyers, etc than the small dollar funded candidate. And is successful in brainwashing enough americans to side with them and not with the small dollar funded candidate.

    That means that we in the bottom 90% must support these populist small dollar funded candidates. Andrew Yang is a small dollar funded candidate. We can trust him far more than any corporate funded president from 1976 onward.

    Ever wonder why every president has failed us? It's because of money in politics.

    "Buckley v. Valeo, 424 U.S. 1 (1976), is a U.S. constitutional law Supreme Court case on campaign finance. A majority of judges held that limits on election spending in the Federal Election Campaign Act of 1971 §608 are unconstitutional."

    Corporations are not people. They shouldn't be able to buy our politicians. Progressives and Libertarians need to support Yang for the betterment of our society. People on both sides need to stop being purest and support the candidate that is focused on helping all americans. Yes, Even the billionaires. Even they will see the benefit of the Freedom Dividend when their customer base skyrockets.

    My fellow americans, Lets secure our nation, economy, and our country's sanity by securing our bag. 🙂

  • Why doesn't anyone ever state that having a working health care system keeps people healthy and actually prevents cumulating health care costs.

  • very good interviewer. listened to what he had to say, asked the right questions to test policy and didnt interrupt

  • I'm disagreed with his universal basic income policy, but I have huge respect on him! He just try to solve problem. Unlike Democrats Career Politicians.

  • i have been poor before, $1000 is a life line, most people will still need work, $1000 isnt enough to support a family, but an extra $1000 will help tremendously in terms of medicare, home repairs, utilities…

  • I really like his plans but it seems very directly naive because the big corporations will intellectually find a way resist his innovative ideas. Eventually his plans will most likely delay then ultimately fail which will create a huge disgrace mark in the Asian history.

  • Skara Caesar says:

    Wow! Razor sharp intellect and knows how to solve America's problems. Freedom Dividend will unite Americans. Make Andrew Yang your president.

  • Only candidate who isn't afraid to come on Fox to talk about real issues. He's the only one i'm interested enough to google more about.

  • Stephanie Mujan says:

    Geez weez, here's a thought, what if Machines, robots and AI take so many jobs that we JUST DONT HAVE enough for everyone? What are we gonna do with those people? Make them do low wage social work that society DESPERATELY need but NOBODY wants to do because they dont have 1K per month to live on? oh wait………

  • It's sad when the only media outlets that will give a reasonable democrat the time of day are either moderate or conservative. MSNBC & CNN can't be bothered to have him on.

  • The question is what makes he think his interest in idea/opinion/plan will certain to work without devastating negative ripple effects?

  • America has no better choices than @. He is the only one and the best one to be able to bring this country FORWARD. Let's put this man into the White House in 2020.

  • The price of living will adjust within 12 months, your extra 12000 dollars will buy you the same , it’s what happens in every country every year , come on Andrew , do the numbers

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