Opinion: The Washington Post Editorial Board interviews 2020 candidate Andrew Yang
Of course, the government should be enacting those policies at every turn.Andrew Yang:
The second thing is studying what happened to the 4 million manufacturing workers who lost their jobs primarily in the Midwest over the last number of years. During that time, you did not see those workers get retrained for new jobs. You saw almost half of them drop out of the workforce, and of that group, almost half filed for disability. So there was not the retraining that you hope would occur.
Now, there are several reasons why I’m not worried about the Ivanka Trumps of the world. As you likely know, I want to pay for this through a value-added tax that would fall most heavily on the big winners of the 21st century. So someone like Ivanka would end up paying hundreds of thousands of dollars into the system. And so if we try and send her $1,000 a month to remind her she’s an American, it’s immaterial in the scheme of things.
When you look at the pay-for on this, people are underestimating the second order, economic benefits of having this money flow through the economy. You would get back hundreds of billions of dollars in revenue from the new economic growth, from the trickle-up economy, because people would be spending more and more persistently. You’d also save billions on things like incarceration, homelessness services, emergency-room health care that we spend tens, hundreds of billions on right now.
“So you get a lot of money from the government in various ways. You enjoy tax exempt status from the government. So we are going to now hold your feet to the fire and say you have to get your ratios down. Not going to do it all at once, but get your ratios down over this period of time.” The universities will say, “This is impossible. We can’t do it.” And then you’ll look at them and say, “Well, I think you’ll figure it out.
If you go there, you will see there are no screens in sight in these households because they know what they’re doing. Tristan Harris said we have the smartest engineers in the country turning supercomputers into dopamine delivery devices for teenagers. I think it’d be wrong to set like a numerical goal and say, well, you know, you can’t have foreign-born Americans above this threshold, because, in my mind, of these people you’re describing, they’re all going to have kids like me and my brother, probably like immediately, not immediately. But, you know, like the next generation, like all of a sudden, they’re born in this country, like and then they’re, in my mind, as American as anyone else.
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