Andrew Yang, who is the youngest Democratic presidential candidate, is giving $1,000 a month to two families as a way to show that a universal basic income, a government-funded policy for all American adults with no strings attached, has a positive outcome on the economy.
CBS News reports that the 44-year-old New York City entrepreneur distributes $1,000 of his personal fortune to one family in Iowa and one in New Hampshire — the first two states on the presidential caucus and primary calendar — every month this year to prove the efficacy of his so-called Freedom Dividend.
“This would enable […]
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