Author: automata

Andrew Yang’s ‘freedom dividend’ echoes a 1930s basic income proposal that reshaped Social Security

Andrew Yang’s ‘freedom dividend’ echoes a 1930s basic income proposal that reshaped Social Security

Entrepreneur and political novice Andrew Yang is hoping a wild gambit will help him win the Democratic presidential nomination: give 10 American families US$1,000 a month.

The announcement of a test run of his signature universal basic income proposal, which Yang argues is necessary to counter automation’s threat to millions of American jobs, garnered cheers from the student audience at the September debate and gave his candidacy a boost . At least half a million people have entered Yang’s basic income raffle .

Although he called his idea “unprecedented,” that’s not entirely true. It’s a direct echo of the Townsend Plan, […]

Uniti Group Inc. (UNIT) Raising Eyebrows Among Traders

Uniti Group Inc. (UNIT) Raising Eyebrows Among Traders

Uniti Group Inc. (NASDAQ:UNIT) is an interesting stock at present. Now trading with a market value of 1.43B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

Uniti Group Inc. (NASDAQ:UNIT) Fundamentals That Matter

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The […]

Analyzing the Fundamental Data for Guardion Health Sciences, Inc. (GHSI)

Analyzing the Fundamental Data for Guardion Health Sciences, Inc. (GHSI)

Guardion Health Sciences, Inc. (NASDAQ:GHSI) is in the highlights and many would want to know whether now might be a good time for it to present much upside. Now trading with a market value of 19.09M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. As the day-to-day narrative ebbs and flows for this company, it is more important than ever to step back and get a bird’s eye view of the fundamental reality under the surface of this story.

Guardion Health Sciences, Inc. (NASDAQ:GHSI) Fundamentals That Matter

It’s generally a […]

What happens when people are given $500 a month? A California city experiments with guaranteed income

What happens when people are given $500 a month? A California city experiments with guaranteed income

For Falaviena Palefau, being able to buy her 12-year-old daughter new shoes for her birthday was a present for both of them.

Normally, when the date rolled around, Palefau said she’d deflect her daughter’s birthday wishes, telling the girl they could ask her grandparents for money or save up for a while to get it.

But this time was different.The unemployed mom is one of 125 people getting $500 a month — no strings attached — in a privately-funded experimental guaranteed income program in Stockton, California, a city of more than 300,000, where 1-in-4 residents lives in poverty. Guaranteed income programs, […]

Buying votes? Yang announces he’ll give 10 people $1,000 a month… but read the fine print first

Buying votes? Yang announces he’ll give 10 people $1,000 a month… but read the fine print first Democratic presidential hopeful Andrew Yang is dangling cash in front of voters, announcing he’ll raffle off 10-year-long samples of his Universal Basic Income program – $1,000 a month – in a promo he swears is legal.

Yang opened the third Democratic presidential debate with the “unprecedented” promotion, having teased his followers with the “debate surprise” in the days leading up to the event. Winners will receive $1,000 per month for 12 months even if Yang does not win the nomination, with the funds […]

Conagra Brands, Inc. (CAG) Forming A Pattern Of Major Movements

Conagra Brands, Inc. (CAG) Forming A Pattern Of Major Movements

It is interesting to note that Conagra Brands, Inc. (NYSE:CAG) is active and made a solid movement in the last trading day. Now trading with a market value of 13.49B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.

Conagra Brands, Inc. (NYSE:CAG) Fundamentals That Matter

It’s generally a good idea to start […]

Andrew Yang’s Appeal To White Supremacists Reveals His Own Racism

Andrew Yang’s Appeal To White Supremacists Reveals His Own Racism

Andrew Yang’s reliance on the model minority myth and popularity amongst the alt-right and other white supremacists is more than concerning.

TW/CW: mentions of suicide

By Sangeetha Thanapal Andrew Yang is one of the Democratic Party’s brightest new stars. As an Asian American tech entrepreneur, he is most recognised for his proposal of a Universal Basic Income (UBI) . His supporters are the coolly nicknamed #YangGang, proud to be promoting a well-liked minority candidate with charisma and charm. He seems poised to go far in politics and, given the dearth of Asian American representation in government, […]

Automation to Hit Black Workers Harder Than Other Groups by 2030

Automation to Hit Black Workers Harder Than Other Groups by 2030

SHENYANG, CHINA – AUGUST 27: An automated robot production line is seen at a digital workshop of SIASUN Robot & Automation Co., Ltd., which is belonging to Chinese Academy of Science (CAS), on August 27, 2019 in Shenyang, Liaoning Province of China. (Photo by Yu Haiyang/China News Service/VCG via Getty Images) *A new report from McKinsey & Co. suggests Black Americans will hit the hardest as automation upends the workforce, and hundreds of thousands will be unemployed by 2013.

“By 2030, the employment outlook for African Americans — particularly men, younger workers (ages 18–35), and those without a college degree […]

Trump Should Focus on Warren, not Biden

Trump Should Focus on Warren, not Biden

President Donald Trump appears obsessed about getting something on former Vice President Joe Biden. Should he survive impeachment, however Sen. Elizabeth Warren is the opponent he should be worried about most.

Surging in the polls, the Massachusetts Democrat best speaks to the trials of Americans who came of age in this century and educated women – groups whose voting numbers are growing.

Much as Trump tapped displaced blue-collar workers and their offspring in smaller cities and rural areas often dependent on manufacturing -a cohort receding in importance as many skill-up and migrate to metropoles offering better job opportunities.That new economy-so often […]

What happens when people are given $500 a month? A California city experiments with guaranteed income

What happens when people are given $500 a month? A California city experiments with guaranteed income

For Falaviena Palefau, being able to buy her 12-year-old daughter new shoes for her birthday was a present for both of them.

Normally, when the date rolled around, Palefau said she’d deflect her daughter’s birthday wishes, telling the girl they could ask her grandparents for money or save up for a while to get it.

But this time was different.The unemployed mom is one of 125 people getting $500 a month — no strings attached — in a privately-funded experimental guaranteed income program in Stockton, California, a city of more than 300,000, where 1-in-4 residents lives in poverty. Guaranteed income programs, […]