SOMERSWORTH, N.H. – Several Democratic presidential candidates are pitching government-backed health care, child care and education in their 2020 platforms.
Andrew Yang is going a step further — pushing a plan for “universal basic income.” And to demonstrate what he’s talking about, the entrepreneur from New York City and uber-longshot for the Democratic presidential nomination is personally giving away money to families in Iowa and New Hampshire, the states that vote first and second in the presidential caucus and primary calendar.
“It would help people improve their health, nutrition, pay off some debts and bills that have been hanging over them, reduce their stress levels,” Yang told Fox News in an interview, describing what he’s dubbed a “freedom dividend.”
The grand plan would involve the government giving $12,000 a year to each adult American — the kind of guaranteed income scheme that’s been tested recently in Finland, as well as California.
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