DETROIT – Democratic presidential candidate Andrew Yang wants to pay all Americans (18 years & older) $1,000 a month.
Why?
To combat the rise in automation in jobs.
Yang spoke to a crowd at the Detroti Shipping Co. Saturday and laid out his Universal Basic Income proposal.
Great to see you Detroit! Looking awesome #YangGang see you when we are back in July for the debates! Let’s lead the way for an economy that works for people. 👍🇺🇸🥊 pic.twitter.com/OEFj1e6u59
— Andrew Yang🧢 (@AndrewYang) May 5, 2019
He believes robots will replace 1 in 3 American workers over the next 12 years and the creation of jobs will not be able to keep pace.
Yang thinks his plan would offset the impact unemployment would have on the economy, if automation really does replace a strong minority of jobs.