What’s Wrong with Andrew Yang’s Basic Income Scheme

Daniel G. Jennings
Dialogue & Discourse
4 min readMar 31, 2019

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We need to discuss what’s wrong with Andrew Yang’s Basic Income scheme because the Democratic presidential candidate designed the plan badly. In fact, I think Yang’s plan is so poorly thought out it could give the basic income a bad name.

Essentially, Yang proposes a plan in which the world’s richest man Jeff Bezos can collect a $12,000-a-year basic income. Meanwhile, a homeless child, a single-mother on food stamps, and a retired worker on Social Security could receive nothing from Yang’s plan.

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Daniel G. Jennings
Dialogue & Discourse

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.