Comment on Andrew Yang’s Universal Basic Income Plan Echoes a 1930s Proposal That Reshaped Social Security

Andrew Yang’s Universal Basic Income Plan Echoes a 1930s 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.

 

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