Andrew Yang Proposes Primary Earnings For New York Metropolis



Yang For NYC

Former presidential candidate Andrew Yang is formally working for mayor of New York Metropolis, The Washington Post reports.

On the entrance of his marketing campaign’s platform is a promise to carry common fundamental revenue to the nation’s most populous metropolis.

“We have to notice Martin Luther King Jr.’s dream of a assured minimal revenue and get money into the palms of people that want it most,” Yang mentioned in a new campaign video.

Common Primary Earnings

Yang has been an outspoken supporter of fundamental revenue prior to now. When working for president in 2019, Yang argued that common funds to most residents might be an efficient response to rising job automation — and much more reasonably priced than one would possibly assume.

His proposed fundamental revenue venture is known as the “Individuals’s Financial institution” and is supposed to “immediately deal with poverty” in accordance with the marketing campaign’s official website. Public funds “may be reinvested immediately in our folks and our communities” and will additionally “create a brand new start-up tradition in NYC that can guarantee the subsequent large tech firms are homegrown.”

If Yang’s marketing campaign succeeds, it might flip the Large Apple right into a testing floor for the concept.


Apart from fundamental revenue, Yang guarantees to “carry New York Metropolis into the twenty first century by getting everybody high-speed web so our youngsters can be taught,” within the video.

Yang could be taking up a metropolis in tatters. New York Metropolis has been ravaged by the coronavirus pandemic. “Seeing my metropolis the best way it’s now breaks my coronary heart,” Yang mentioned within the clip.

In March of final yr, Yang also argued that the pandemic proved that the nation wants a stimulus within the type of a common fundamental revenue.

READ MORE: Andrew Yang is running for New York mayor. He wants universal basic income — and TikTok Hype Houses. [The Washington Post]

Extra on Yang: Andrew Yang: Coronavirus Outbreak Proves We Need Basic Income



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