Yes, Andrew Yang Has a $12,000 Yearly Bonanza for You
One of the benefits of the presidential primaries is ideas sometimes percolate to the surface. That’s the case with Andrew Yang and his $1,000 monthly Universal Income. Every citizen, from Jeff Bezos, worth $100 billion (after the divorce), and the homeless guy on the street corner would get a bank deposit of $1,000 a month. This is an old idea. Back in 1972, Democratic Nominee George McGovern promised $1,000 a year to everybody. According to the government’s inflation calculator, that comes to $6,218, about half Yang’s amount. But if you go by the price of gold, it was $72 in...
