Can the U.S. Government Offer Universal Basic Income?
Andrew Yang, Founder of Venture for America and a 2020 Democratic presidential candidate, joins The Hive to discuss why he's running on the platform of universal basic income.
Yang is advocating for the freedom dividend aspect of universal basic income. It would give every American adult $1,000 per month to spend on whatever they want. Yes, you heard that right. He says its paid for by a value-added tax.
He explains how this platform won't stifle entrepreneurship in America. He says U.S. citizens are starting 100,000 fewer businesses per year than they were 10-12 years ago. He points out that gaining an extra $1,000 per month would help Americans gain a little control over their finances and allow them to start new ventures.
Republican presidential candidate Nikki Haley is walking back an answer she gave to a voter about the reason for the Civil War that didn’t include a mention of slavery.
Maine’s Democratic secretary of state on Thursday removed former President Donald Trump from the state’s presidential primary ballot under the Constitution’s insurrection clause, becoming the first election official to take action unilaterally in a decision that has potential Electoral College consequences.