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Yang pushes 'Freedom Dividend' as solution to automation

Yang pushes 'Freedom Dividend' as solution to automation
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Democratic presidential candidate Andrew YangAndrew YangDanny Glover endorses Eric Adams in NYC mayoral race Adams, Garcia lead in NYC mayor's race: poll Mary J. Blige endorses New York City mayoral candidate in new ad MORE promoted his signature campaign promise of a $1,000 “Freedom Dividend” for all Americans during Tuesday's Democratic debate, arguing it would protect workers against the proliferation of automation.

Following Sen. Bernie SandersBernie SandersProgressives rave over Harrison's start at DNC Zombie Tax punishes farmers to fill DC coffers Progressives threaten to block bipartisan infrastructure proposal MORE (I-Vt.) promise that if he’s elected president he would guarantee a job for all Americans, Yang said that would not cut it for people who are unable to work.

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“If you rely upon the federal government to target its resources, you wind up with failed retraining programs and jobs that no one wants,” Yang said.

He added that if the federal government were to instead give money to Americans, it would create a "trickle-up economy.”

"When we put the money into our hands, we can build a trickle-up economy. From our people, our families and our communities up, it will enable us to do the work that we want to do," he said.

Yang contends that automation is the driving force behind American job loss and says the federal government alone is not capable of reversing the trend by simply providing jobs. He added that the American workforce is also losing jobs to cheaper labor overseas.

Several other candidates on stage threw their support behind Yang's approach to universal basic income, with Rep. Tulsi GabbardTulsi GabbardTulsi Gabbard on Chicago mayor's decision to limit media interviews to people of color: 'Anti-white racism' Fox News says network and anchor Leland Vittert have 'parted ways' New co-chairs named for congressional caucus for millennials MORE (D-Hawaii) quick to applaud him for starting a discussion on the topic.

"I think universal basic income is a good idea,” Gabbard said. "Universal basic income is a good idea to help provide that security so people can make choices that they want to see."

Former Housing and Urban Development Secretary Julián Castro said he was open to piloting something similar to a universal basic income “to see how that works."

Sen. Cory BookerCory BookerZombie Tax punishes farmers to fill DC coffers Rand Paul does not support a national minimum wage increase — and it's important to understand why Absences force Senate to punt vote on Biden nominee MORE (D-N.J.) countered that instead of putting $1,000 in everyone’s pockets, the minimum wage should be raised.