Meet The People Getting $1,000 A Month From Andrew Yang’s Campaign | NBC News NOW

Channel: NBC News
Published: 12/12/2019 02:29 PM

NBC News’ Simone Boyce met with people who are a part of Andrew Yang’s pilot program for his Universal Basic Income policy to see how they’ve been spending the extra $1,000 every month. » Subscribe to NBC News: » Watch more NBC video: N...

I teach fifth grade. I thought this there's a probably a mass email. This is too good to be true, but then i got the check i'd deposited my bank down and i was able to stop at target on my way to work and pick up thirty. Four new notebooks for my students that day this is what it feels like to see. An extra $ 1,000 in your bank account every month no strings attached. [ music, ], andrew yang's pre ...
idential campaign, sifted through half a million applicants and randomly picked these eight to test out his signature pitch the freedom dividend. It'S a universal basic income plan that would give $ 1,000 a month to every adult over the age of18. Now our country is run by a software that does not care about us at all. It'S like the software of capital, efficiency and economic, optimization and, in theory, the mechanism to address. That is the fact that we live in a democracy and then can actually make changes for the better fix things, but our democracy now is not what it once was. Everybody loves free money, they all seem very happy to be here in the beauty of it is number one does seeing the difference that makes in people's lives. I mean it's so touching and joyous, but number two.

It shows other americans what it looks like in real life through some speeches, debate, appearancesand, iowa, diner meet and greets yang hopes to convince america that this is the solution to a lot of our problems like income, inequality and job losses from automation, 25 % of american Jobs are at high risk of being wiped out by automation. That'S according to a study by the brookings institute. How is just $ 1,000 a month actually going to make a difference, i mean: has it made a difference in your life? This is going to give me a cushion to to just go out and do what i want to do, and i think that's what's going to happen if people are going to be losing their jobs. They'Re gon na have this this cushion, where theycan at least get by until something comes up for them. So how does andrew yang a tech entrepreneur turned presidential hopeful plan to pay for all this right now his campaign is paying these freedom dividend recipients, but here's his big idea implement a 10 % value-added tax on the production of almost all goods and services. Everything but clothing and groceries if we have amazon, pay its fair share along with google for every ad facebook uber all of these giant tech companies, we can generate hundreds of billions in new revenue very, very quickly. Yang claims. A value-added tax would only cause a minimal price increase in the items we buy and use every day and plenty ofother countries have a similar tax, but most economists think a value-added tax would significantly impact consumers and hit the poor the hardest, while a small-scale ubi program Already exists in alaska. America has never even attempted something like this nationwide. There'S still a lot of questions about what that would look like, but isn't it hard to really quantify how big of an investment we would see from universal basic income because this hasn't been replicated on a large scale? Well, it's common sense alone that in a country where 78 percent of us are living paycheck to paycheck and almost half of us can't afford an unexpected $ 400 bill that, if you put $ 1,000 a month into people'shands, most of its gon na go right back Into the economy, yang's victory is still a longshot based on current polls. His wildly supportive fan base, the yang kang, doesn't want to hear that. So what about these freedom dividend recipients? Are they part of the yang gang? Yet what does this make? You think about? Andrew yang, as a candidate i mean now, i really didn't know anything about him.

I was mostly a bernie sanders supporter and i liked the injury because it was similar to bernie, and then he had ideas like this. This dividend you're, obviously in a very important state. In new hampshire, have you thought about how you're gon na vote? I'M not sure yethey nbc news viewers, thanks for checking out our youtube channel, subscribe by clicking on that button down here and click on any of the videos over here to watch? The latest interviews show highlights, and digital exclusives thanks for watching.

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