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Andrew Yang | UBI is the Only Solution | Rubin Report



Andrew Yang joins Dave Rubin on the Rubin Report to talk about
UBI, and why it’s the only solution to AI, automation, and a jobless future. **Support The Rubin Report: http://www.rubinreport.com/donate

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Dave Rubin
Host of The Rubin report
Dave on Twitter: http://twitter.com/RubinReport

Andrew Yang
2020 Presidential Election Candidate
Andrew on Twitter: http://twitter.com/AndrewYang
Get the book: The War on Normal People: The Truth About America’s Disappearing Jobs and Why Universal Basic Income Is Our Future

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All art on the set are original works by Caylin Rose Janet.
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RolroorloJ SegalbaxemanUBIVisualssteve strom Recent comment authors
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j c
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j c

Give everyone 1k. The prices of literally everything raises. Then what? Raise it to 2k? Annnd now the cheapest rent even in the boondocks i 2k. Then what?

Dennis S
Guest
Dennis S

Social Security is UBI for seniors and even Warren Buffet receives a monthly SS check

Lin Xu
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Lin Xu

Take your $1,000 and live in Southeast Asia’s. Your dollar goes farther.

Lin Xu
Guest
Lin Xu

So if robots takes over people jobs, how will people get paid? UBI?? If robots take over jobs those displaced people will have to be subsidized. If all jobs gets displaced by robots how will people get money??

Dennis S
Guest
Dennis S

Another flaw in Yang's plan is thinking we can have UBI and Medicare for All. Talk about having your Cake and eating it too. There is no possible way to have both, the sensible thing would be to give us UBI under Milton Friedman's Negative Income Tax, then get the government out of health care and make it possible for us to have a direct pay medical system were we pay our doctor directly without the Government and insurance companies acting as middlemen driving up the cost

Dennis S
Guest
Dennis S

Yang's UBI is flawed, he left out the Negative Income Tax as proposed by Milton Friedman. Then add a multi-rate regressive income tax, Milton Friedman's proposal called for a Flat Tax, and it would be applied to all income, including the income most rich people pay a much lower rate on. Stick to Friedman's plan and this can work, screw around with tax rates and we will be right back where we started

Aaron D
Guest
Aaron D

Wonder what affect UBI would have on inflation? I would think it would increase inflation to the point that the UBI amount doesn't make any difference.

Joe Uhlman
Guest
Joe Uhlman

If your current subsidies are greater than $1,000 you opt out of UBI and if your current subsidies are under $1,000 you opt in to the UBI. Sounds like a net loss from a macro in point of view except now people will have $1,000 a month with no restrictions on what that can buy and they don't have to work to get it. With our current subsidies there is Red tape that forces people to really have a need for overrunning them because there is work involved in aquiring them but with UBI it's easy to questions asked. Also,… Read more »

Thomas Fraser
Guest
Thomas Fraser

I live in California and Dave Rubin said $1,000 extra a month is next to nothing. Let me tell you what is next to nothing… $1. If I had an extra $1,000 a month it would be worth it and used with great appreciation. Los Angeles is expensive but an extra $12,000 a yeat is not next to nothing

Dennis S
Guest
Dennis S

If we are going to move toward a Post Scarcity Economy like seen on Star Trek we cannot keep thinking like the last century, Socialism, Communism and Capitalism our dated concepts and will not take us in to the next century

Jim Jones
Guest
Jim Jones

UBI would force mcdonalds to pay 30 dollars an hour. To would function as a public union. And give stay at home parents value.

Grant Shepherd
Guest
Grant Shepherd

Nobody knows the future and large scale change needs to be addressed on present issues and facts not futuristic scenarios.Leftists fail to understand that a Blind UBI is a bridge too far. Successful socialist leaning democratic countries administrate effective unemployment benefits that also try to incentivize work. There has to be accountability, incentives and help monitoring for various reasons. Yes the monetary "level" of at least $1000 a month should be possible. What exists in the USA right now is NOT good enough and Alaska with 740,000 people is not a good comparison to the rest of the USA. The… Read more »

Joel Hewitt
Guest
Joel Hewitt

So they do exist. Sensible Democrat.

Jeffrey Tollar
Guest
Jeffrey Tollar

$12,000 a year will definitely make up for $40,000 in welfare. Yang is the Al Gore of economics, he read some stats, now he knows the future and how to avoid that disaster.

William Thesling
Guest
William Thesling

There are about 260 million people over the age of 18. $1,000 per month is $12,000 per year. So UBI would cost $3.12 Trillion per year. I don't see the greater economic activity associated with UBI generating additional tax revenue covering even a fifth of this (IMHO). However, Eliminating all other social programs along the way is a strong reason to adopt it. The simplifications alone means we can eliminate whole programs and bureaucracies. The govt would then layoff large numbers of bureaucrats in these programs. I doubt all these savings and expanded economic activity based tax revenue would cover… Read more »

Brian Rapson
Guest
Brian Rapson

There's only ONE SIMPLE ANSWER EVERYONE:

1. ALL FORMS OF WELFARE MUST BE ELLIMINATED IN IT'S ENTIRETY.
2. NO MORE FREE ANYTHING!
3. GET A GOD DAMN JOB.
4. ELLIMINATE 50% OF ALL LEVELS OF OUR DANGEROUS CORRUPT FRAUDULENT GOVERNMENTS.

FYI – HISTORY ALWAYS REPEATS ITSELF EVERY 85-90 YEARS. LOOK IT UP AND YOU'LL UNDERSTAND WHY I WROTE THESE 4 ANSWERS. IE: THE GREAT DEPRESSION FOR STARTERS.

eper1875
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eper1875

Why not eliminate the Federal Reserve? It is the genesis of the economic inequality. UBI is a band aid and a temporary fix and would discourage work .

Samuel Firman
Guest
Samuel Firman

What happens when the cost of goods and services goes up because the market knows everyone has at least $1,000 every month?

Jacob Palacios
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Jacob Palacios

If yang and ruban did a buddy cop movie it be the most pleasant movie ever.

J Segal
Guest
J Segal

I've been unemployed since 2004. I'm actually too poor to qualify for govt assistance, including Medicaid. Once my meager savings runs out, how will I afford to go out and find work? The algorithms of online applications drop me for having no job history. I can't even get an interview at Walmart, Target, McDonald's, etc.

baxeman
Guest
baxeman

$1000 is not a lot of money, with that being said it would help a lot of people raise our economy

UBIVisuals
Guest
UBIVisuals

Let's just call this idea what it is….an economic stimulus package for people instead of corporations.

steve strom
Guest
steve strom

I know you have a very public stance on free speech and the pathetic censoring you have come up against, so I am genuinely curious why I have been twitter blocked by you. I mean, I didn't agrre with you on every single topic, but I didn't disagree with you on every single topic either.

C O
Guest
C O

Free money, that's the solution. Genius. Give me 2 tons of that snake oil, please.

Santa Clause
Guest
Santa Clause

Steal a butt load of money from the hard working and successful and give it to the lazy while they produce nothing. What can possibly go wrong?

I wouldn't even give my kids 1k per month, and you want to steal my money and give it to strangers? Try it with your own money.

Rolroorlo
Guest
Rolroorlo

The most interesting argument is that it will ease some movement in the econony, definitely a very interesting experiment