Proposing to give every American a basic income hurt George McGovern in 1972. Maybe it will work better for Andrew Yang. For political observers of a certain vintage, longshot presidential candidate Andrew Yang’s proposal to give every American adult $1,000 of month brought back a distinct memory from 1972. That year Democratic presidential nominee George McGovern also proposed writing a $1,000 check to every American–$1,000 a year, however (there’s been a lot of inflation since then).
To put it mildly, it did not go over well. Even though McGovern eventually abandoned the proposal, and even though it was similar to […]
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