Andrew Yang had his best policy moment of the Democratic debates last night when he said, “This country has been a magnet for human capital for generations. If we lose that, we lose something integral to our continued success.” Yang should talk more about immigration. And more about thorium-fueled nuclear reactors. Maybe also flesh out his VAT idea .
But Yang’s main idea, a universal basic income (UBI), is less appealing. It’s an elegant idea that would quickly look less so when filtered through the reality of government sausage-making and flawed human behavior . Then there’s Yang’s alarmist argument that […]
Full Post at www.aei.org