Andrew Yang's economic plan (1 Viewer)

[bostonfred]

Andrew Yang economic plan

1) 1000 dollar universal basic income

2) Medicare for all

3) change measure of economic success from gdp to health and welfare 

 

[bostonfred]

If you're introducing a 3 part plan, part 3 should probably be stronger than whatever he suggested.  

But i think it's important that UBI is getting into the national debate. 

 

[timschochet]

3) change measure of economic success from gdp to health and welfare 

I like Yang, I find him intriguing, but this last point is not really feasible. You can’t tell Wall Street what economic success is. Investors make that judgment, not the government. The value of currency will, in the final analysis, be the arbiter of economic success or failure. The Soviet Union learned that the hard way; we don’t need to repeat their mistakes. 

 

[NCCommish]

I like Yang, I find him intriguing, but this last point is not really feasible. You can’t tell Wall Street what economic success is. Investors make that judgment, not the government. The value of currency will, in the final analysis, be the arbiter of economic success or failure. The Soviet Union learned that the hard way; we don’t need to repeat their mistakes. 

Relying on Wall Street to define economic success is part of the problem. 

 

[zftcg]

I fall somewhere in between Tim and NC. I heard Yang explain it recently and I thought he had a good point about our overreliance on a number that doesn't mean anything to most people, but it also comes across as a little squishy/New Agey.

 

[bostonfred]

I fall somewhere in between Tim and NC. I heard Yang explain it recently and I thought he had a good point about our overreliance on a number that doesn't mean anything to most people, but it also comes across as a little squishy/New Agey.

I just don't think it's good politics. 

Let's make a huge change to entitlement programs!

Let's make a huge change to healthcare!

And... let's...uh... use a different number to measure things...

 

[timschochet]

Relying on Wall Street to define economic success is part of the problem. 

Don’t tell that to me, tell it to investors and consumers. 

 

[NCCommish]

Don’t tell that to me, tell it to investors and consumers. 

I really think consumers measure success based on their own finances not the day to day on Wall Street. Especially when their jobs being cut seems to make Wall Street happy. 

 

[bostonfred]

I do completely agree that economic growth is not and should not be the primary measure of success and failure for government. 

I just don't know that that's something that the president can decide.

Is he proposing a task force to measure this and report on it to the public?  We already get a ton of measurements saying we suck at quality of living compared with other countries.  

Is he proposing that the CBO measure the health and well being impact of legislation?  

I think that - plus a wait period for legislative changes and mandatory public advertisement with a box like the one you see on credit card agreements - could be a good way to make sure the public could weigh in on spending bills.  If you could put the right information in that box. 

 

[Sand]

Andrew Yang economic plan

1) 1000 dollar universal basic income

2) Medicare for all

3) change measure of economic success from gdp to health and welfare 

As otherwise impressive as he is, this is boneheaded.  Just because you measure it doesn't mean it's going to change behavior.

 

[Dickies]

If you're introducing a 3 part plan, part 3 should probably be stronger than whatever he suggested.  

But i think it's important that UBI is getting into the national debate. 

I think the 3rd part is the most important

 

[dickey moe]

As otherwise impressive as he is, this is boneheaded.  Just because you measure it doesn't mean it's going to change behavior.

Plus, how is he proposing that health and welfare be quantified?

 

[Maurile Tremblay]

Yang talks to Reason:

https://reason.com/2019/04/19/andrew-yang-a-capitalist-who-proposes-universal-basic-income/

 

[NREC34]

He’s also fully in favor of marijuana and will pardon everyone in jail for it on 4/20/21. I saw this on Twitter today. 

I’d definitely vote for him. 

 

[adonis]

If he could find someone with the last name of Yin for his VP, I'd probably vote for him for that reason alone.