'It's been immensely frustrating to have some lawmakers be so out to lunch that they think if they just leave things alone, the economy will snap back to normal,' former Democratic presidential candidate Andrew Yang says. 'It's just a ridiculous fantasy.'
"We're seeing 10 years' worth of change in 10 weeks," the former Democratic presidential candidate said. Companies, worried about coronavirus health risks, are accelerating their plans to use robots for some jobs long done by humans. It's just one of the ways coronavirus is changing the face of America's workforce and the debate over how to respond, including controversial proposals Yang has long championed.
"Can we afford not to implement something like universal basic income given the rate of transformation of the economy and the fact tens of millions of jobs are gone for good?" he said."We have to take advantage of an historic crisis to do things smarter and more efficiently."Yang compared universal basic income to what happens when companies pay dividends because they believe shareholders will know how to more efficiently spend the money.
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