Andrew Yang's Presidential Bid Is So 21st Century

Re:Andrew Yang's Presidential Bid Is So 21st Century by systematical on Monday April 01, 2019 @01:21PM (#19545672)

Reference is from interviews, alluded to on his policy page "A Universal Basic Income at this level would permanently grow the economy by 12.56 to 13.10 percent—or about $2.5 trillion by 2025—and it would increase the labor force by 4.5 to 4.7 million people. Putting money into people’s hands and keeping it there would be a perpetual boost and support to job growth and the economy."

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Re:Andrew Yang's Presidential Bid Is So 21st Century by nailer on Monday April 01, 2019 @01:26PM (#19545743)

Saying UBI would grow the economy is not the same thing as saying that UBI growth would pay for UBI. My understanding is that Yang doesn't include it in the 3tn - most comes from replacing existing welfare programs and VAT.

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Re:Andrew Yang's Presidential Bid Is So 21st Century by manfredo on Monday April 01, 2019 @03:10PM (#19546987)

He definitely did say that UBI is going to pay for UBI. He factored projected economic growth into the budget.

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