On June 27, history was made when during the second night of the first U.S. Presidential debate for the 2020 Democratic Primary, Andrew Yang explained on the national debate stage the importance of a universal basic income floor for all citizens of $1,000 per month, rich or poor, employed or not that he’s dubbed the Freedom Dividend. Prior to Thursday night, the idea of a basic income guarantee had not been debated since 1972 when George McGovern was running on a $1,000 per person per year proposal ($6,231 in 2019 dollars) that he dubbed a demogrant.* Asked how he […]
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