Universal Basic Income hinders wealth creation

Universal Basic Income hinders wealth creation

From left, Sen. Kamala Harris, D-Calif., Andrew Yang and Rep. Tulsi Gabbard, D-Hawaii, participate in the second of two Democratic presidential primary debates hosted by CNN Wednesday, July 31, 2019, in the Fox Theatre in Detroit. (AP Photo/Paul Sancya) The latest Democratic presidential primary debate was largely predictable, but one little-known candidate, entrepreneur Andrew Yang, created some buzz with his pre-debate promise to do “something no presidential candidate has ever done before.” Yang promised to give 10 people $1,000 a month for a year to reinforce his support for something known as Universal Basic Income. Despite all the hype, […]

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