Name: The Freedom Dividend, Andrew Yang's Flagship Proposal, UBI, $12,000/y in the hands of every American
Uploaded: 2020-01-29T18:12:58.000Z
Duration: 13 min 27 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

- Well the Freedom Dividend is a universal basic income plan

where every American adult gets $1,000 a month starting

And when you get it, you can do whatever you want.

$12,000 a year and it continues until you expire.

Well first, to define the problem a little more thoroughly,

at what I found where I studied economics in college.

And if you study economics, you're presented

you get rid of a lot of jobs with technology,

I found that that's not actually what happens on the ground,

filed for disability, got drunk, died early deaths,

I mean none of that was in my economics textbook,

Like what we did to the manufacturing workers we're

about to do to 8.8 million retail workers,

and most importantly for you in this audience,

the 3.5 million truck drivers and the five million Americans

- Well the Freedom Dividend, if you can imagine a country

it would make our families stronger and healthier.

It would create millions of jobs in our communities.

to put economic resources into people's hands

in the form of a Freedom Dividend of $1,000 a month,

to do the sort of work that either they want

to do or that their community has a need for.

because the buying power would just go right back

of public companies that issue dividends?

Many of you do, Verizon, Microsoft, Coca-Cola.

So when these companies reach a certain level

of success and maturation, what do they do?

to start issuing a dividend to ourselves,

the owners and shareholders of this country.

everyone says great job, great management.

The main thing is that if you look at our history,

Thomas Paine was for it at the founding of the country.

Martin Luther King was for it in the '60s.

had this study saying this would be tremendous for America.

And it passed the House of Representatives

everyone gets between one and $2,000 a year.

to every person in the US would be funded how?

of this is $2.4 trillion, which sounds like an awful lot.

For reference, the economy is $19 trillion,

Subtitles ListPlay Video

The Freedom Dividend, Andrew Yang's Flagship Proposal, UBI, $12,000/y in the hands of every American

essentially

constant

improve

negative