WORKING FOR YOU

TO MAKE A DIFFERENCE

the Freedom
dividend (UBI)

Policy

Every American citizen will receive $1000.00 a month for life, which serves as an economic safety net from the US Government.

In the next 12 years, 1 out of 3 American workers are at risk of losing their jobs to new technologies

learn more about how you can help

“I am now convinced that the simplest approach will prove to be the most effective — the solution to poverty is to abolish it directly by a now widely discussed measure: The Guaranteed Income.”

Martin Luther King Jr., 1967

Andrew would implement the Freedom Dividend, a universal basic income of $1,000/month, $12,000 a year, for every American adult over the age of 18. – This is independent of one’s work status or any other factor. This would enable all Americans to pay their bills, educate themselves, start businesses, be more creative, stay healthy, relocate for work, spend time with their children, take care of loved ones, and have a real stake in the future.

Other than regular increases to keep up with the cost of living, any change to the Freedom Dividend would require a constitutional amendment.

It will be illegal to lend or borrow against one’s Dividend.

A Universal Basic Income at this level would permanently grow the economy by 12.56 to 13.10 percent—or about $2.5 trillion by 2025—and it would increase the labor force by 4.5 to 4.7 million people. Putting money into people’s hands and keeping it there would be a perpetual boost and support to job growth and the economy.

Economic Challenges

  • Approx. 40 million Americans live below the poverty line.
  • Technology is quickly displacing a large number of workers, and the pace will only increase as automation and other forms of artificial intelligence become more advanced. ⅓ of American workers will lose their jobs to automation by 2030 according to McKinsey. This has the potential to destabilize our economy and society if unaddressed.
  • Good jobs are becoming more and more scarce and Americans are already working harder and harder for less and less.
  • It is necessary to support and preserve a robust consumer economy.
  • Many Americans are stuck in the wrong jobs because of a need to survive.
  • There are many positive social activities that are currently impossible for many to do because they lack the financial resources to dedicate time to it, including taking care of a child or sick loved one, and volunteering in the community.

“I think we’ll end up doing universal basic income . . . It’s going to be necessary . . .There will be fewer and fewer jobs that a robot cannot do better. I want to be clear. These are not things I wish will happen; these are things I think probably will happen.”

Elon Musk - February 2017

solutions

  • End poverty in the most direct manner possible: giving people money
  • Move our economy into its next stage of development – human capitalism – with a focus on improving everyone’s quality of living
  • Prevent the massive disruption that will accompany the rapid development and adoption of automation and other AI technologies
  • Allow people the freedom to switch jobs, move, innovate, and contribute to society
  • Turbo-charge the economy by providing income to those who are most likely to spend it

Andrew Yang

on Universal Basic Income

Andrew Yang explains in detail how he plans to fund The Freedom Dividend (UBI) by implementing a 10% VAT and consolidating existing welfare programs in this interview with Joe Rogan.

in support of UBI

Memorable Quotes

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